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Nine European regulators move against prediction markets amid World Cup wave
Ben Boland
The 2026 World Cup is at the latter stages, with the final taking place this Sunday. The tournament has seen huge trading volumes on platforms such as Kalshi and Polymarket. Consequently, nine European gambling regulators have issued a joint declaration targeting unlicensed prediction markets. In the joint statement, the regulators warned that prediction markets operating without appropriate licences pose significant consumer protection risks: “As regulatory authorities, our role is to …