Internet providers are required to block access to its domain within 15 days. At the same time, the director of the Gambling Regulation Institute, Jan Rehola, noted that they are not banning innovation. He emphasized that all companies that allow betting must meet the same requirements. The organization referred to similar actions by regulators in the Netherlands, France, and the United Kingdom. They consider prediction markets to be gambling, despite their being positioned as event contracts. Previously, access to Polymarket was restricted in Germany, Belgium, Romania, Switzerland, Poland, Greece, Cyprus, Portugal, Spain, Brazil, and Ukraine.
News Regulation
Czechia is blocking Polymarket as an unlicensed gambling platform
Internet providers are required to block access to its domain within 15 days. At the same time, the director of the Gambling Regulation Institute, Jan Rehola, noted that they are not banning innovatio...