As Polymarket bettors worldwide rake of their wins following President Donald Trump’s re-election victory over Vice President Kamala Harris, France’s prime playing regulator is saying a probe into the favored betting platform.
In keeping with a brand new Reuters report, the French playing regulatory authority, the Autorité Nationale des Jeux (ANJ), is popping its focus to Polymarkets following the platform’s surge in reputation.
Mentioned ANJ spokesperson Elsa Trochet-Mace mentioned in an emailed assertion to Reuters,
“We’re at present analyzing its operation in addition to its compliance with French laws on playing.”
Although Polymarket has but to formally reply to the reviews, the platform’s X account did ship out a pointed message to detractors this morning.
“Don’t belief the mainstream media.”
Polymarket is a decentralized prediction market platform the place customers wager on occasion contracts, predicting the end result of varied occasions. At the moment, on Polymarkets, bettors suppose there’s a 30% likelihood Trump will nominate the DOGEfather himself, Elon Musk, to his second-term cupboard.
The success of the betting market has impressed opponents, corresponding to Robinhood and Kalshi, to place out comparable playing occasion contract merchandise. Kalshi simply filed for an occasion contract with the Commodities and Futures Buying and selling Fee (CFTC) right this moment for bettors to foretell when Trump will obtain his third impeachment.
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