Polymarket Takes France to Court After Regulators Block Website
Polymarket says the block threatens its legality in France as regulators warn of illegal gambling, manipulation risks and suspicious wagers on weather markets.
- Polymarket announced a legal challenge against France's National Gambling Authority last week after the ANJ ordered internet providers to block its website, arguing the restriction prevents users from accessing market probabilities.
- ANJ President Isabelle Falque-Pierrotin issued the order because the platform exposed users to potential gambling losses and offered markets that could be manipulated, even though Polymarket had disabled trading from France since November 2024.
- Dune Analytics reported about $19 billion wagered through Polymarket during the recently completed World Cup, while Bloomberg analysis identified about $200 million in trades carrying traits associated with potential insider activity.
- France joins Ukraine, Argentina, Spain, Brazil, India, Indonesia, and Romania in restricting access to the platform, reflecting a global divide over whether prediction markets function as unauthorized gambling or financial information services.
- The case will determine whether the ANJ's block stands while regulators in Europe and the United States pursue separate oversight approaches; Polymarket maintains it provides financial information rather than gambling services.
15 Articles
15 Articles
Polymarket Says It Will Challenge France's Website Block, Rejects Gambling Label
Polymarket said Wednesday it intends to challenge France’s decision to block its website, calling the country’s gaming regulator’s move sudden and vowing to fight it through the French legal system. The Autorité Nationale des Jeux, or ANJ, had ordered French internet providers on July 16 to cut off access to the prediction market, which it treats as an unlicensed gambling operator rather than a financial trading venue. The company said it was “s…
Polymarket intends to challenge France's decision to block its website
Polymarket to fight France blocks amid UK ‘Posh George’ bets scrutiny
Polymarket has vowed to fight the French gambling regulator’s block of its platform. The New York firm argues that the Autorité Nationale des Jeux’s (ANJ) block against its French online presence “targets people going to Playmarket purely for information, not to trade”. Polymarket is adamant that “most people come to Polymarket solely to learn the probability of future events relevant to their everyday life with no intention to trade” and that “…
French authorities have ordered internet service providers to restrict citizens' access to the Polymarket prediction platform. The official reason, stated by the National Gaming Authority (ANJ), is the "promotion of illegal gambling and betting offers." However, a political interpretation is gaining traction, suggesting that Paris is attempting to conceal the odds for the upcoming presidential election, which indicate a victory for a candidate c…
Polymarket Fights Back as France Tightens Restrictions
TLDR Polymarket will challenge France’s nationwide website block through the French legal system. France’s ANJ ordered internet providers to block the entire Polymarket website. The platform says French users have been unable to trade since November 2024. Polymarket argues the order also blocks users seeking market information only. The company says its markets function as blockchain-based financial instruments, not gambling products. France’s …
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