Spain blocks Polymarket, Kalshi over unlicensed betting products
Spain has blocked access to the prediction market platforms Polymarket and Kalshi due to their lack of licensing under Spanish law. The country's gambling regulator cited consumer protection deficiencies as the reason for the action. This move reflects a broader trend of regulatory crackdowns on prediction markets in various countries.
- ▪Spain's Directorate General for the Regulation of Gambling ordered ISPs to restrict access to Polymarket and Kalshi.
- ▪The platforms were flagged for not having identity verification processes and lacking safeguards for minors.
- ▪Together, Polymarket and Kalshi accounted for nearly $9.7 billion in trading volume over the past 30 days.
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Spain blocks Polymarket, Kalshi over unlicensed betting products Spanish regulators order ISPs to restrict access to the two dominant prediction market platforms, citing missing consumer protections and unlicensed operations. Share Add us on Google by Editorial Team May. 26, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Spain’s gambling regulator just pulled the plug on the two biggest prediction markets in the world.
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