Spain blocks Polymarket and Kalshi as it investigates prediction market platforms
Spain has blocked the prediction market platforms Polymarket and Kalshi while investigating their legality. The country's consumer affairs ministry has taken this precautionary measure pending an official investigation into potential violations of gambling laws. Meanwhile, similar regulatory challenges are occurring in the United States, where several states have attempted to ban or regulate these platforms.
- ▪The Spanish government has issued an order to block Polymarket and Kalshi.
- ▪The investigation will determine if the platforms violate Spain's gambling laws.
- ▪Kalshi was recently valued at $22 billion and Polymarket at $15 billion.
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Big Tech Spain blocks Polymarket and Kalshi as it investigates prediction market platforms US states have tried something similar, but the federal government isn't having any of it. By Lawrence Bonk May 26, 2026 11:50 am EST Unsplash/SLNC The Spanish government has issued an order to block the gambling platforms Polymarket and Kalshi, according to a report by The Wall Street Journal. The ban is being instituted as the country investigates the legality of prediction market platforms, as they operate in Spain (and everywhere else) without a gambling license. The country's ministry in charge of consumer affairs said it blocked the websites as a precautionary measure pending an official investigation. This investigation will determine if the platforms violate Spain's gambling laws.
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