Argentina Bans Polymarket for Acting as an Unregulated Betting Platform
10 Articles
10 Articles
It was denounced for operating without authorization; the country becomes the first in Latin America to restrict entry to the platform
Argentina Blocked Access to Polymarket, the World’s Largest Controversial Predictive Market Platform
It was resolved by the Porteña Justice, but the measure is national in scope. It is the first country in the region to apply such a measure.
The ruling follows a complaint made by Lotería de la Ciudad de Buenos Aires. The site operated as an undercover online betting system. It also allowed children and adolescents to participate.
Argentina Bans Polymarket for Acting as an Unregulated Betting Platform
The Argentine justice system has ordered a nationwide block on Polymarket, one of the largest prediction market platforms, after a contract estimating February’s inflation numbers registered a trend reversion 15 minutes before the official release, hinting at a possible insider leak. Argentina Bans Polymarket, Becomes First Country in Latam to Do So Argentina has become […]
The Justice of the City of Buenos Aires ordered to block access throughout the country to Polymarket, the largest global platform of predictive markets, considering it to operate as an online gambling system without authorization. The measure was promoted following a complaint by the Lottery of the City of Buenos Aires (LOTBA) and sets a precedent in the regulation of digital gambling in Argentina. The decision was dictated by the Criminal, Cont…
In a somewhat controversial decision, the City of Buenos Aires Justice ordered blocking access to Polymarket, the world’s largest predictive market platform. The measure arises after determining that the site operated in Argentina as an online betting system without official authorization. The judicial decision, promoted by the Attorney General’s Office Specializing in Buenos Aires City’s Azar Games, not only requires blocking access to Polymark…
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