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Europe forms international blockade against prediction markets

Sunday, June 21, 2026 3:37 PM
  • Viktor Kayed, SBC News

Nine European countries have come together to monitor and prevent prediction market activity within their jurisdictions during the FIFA World Cup.

Spain, France, Germany, Italy, Portugal, Belgium, the Netherlands, Poland, and Switzerland have signed a collective agreement committing to knowledge and information exchange on how prediction market platforms target their populations.

As a reminder, prediction market offers like the ones from Kalshi and Polymarket are effectively banned across all nine nations. Belgium went down that path in early 2025. Germany took a strong stance against them later that year.

France became outright hostile at the start of this year, while Spain took the most recent legal action against prediction market platforms Kalshi and Polymarket.