France's gambling authority, Autorité nationale des jeux, has ordered internet service providers to block access to Polymarket's website, according to a verified fact. The regulator cited concerns over illegal gambling, market manipulation, addictive mechanics, lack of self-exclusion tools, and a high volume of French users bypassing previous financial restrictions.
The block order cuts French users off ahead of the event that will settle the largest event markets in prediction market history.
The gambling authority cited concerns over illegal gambling as a reason for the block, as well as market manipulation, addictive mechanics, and a lack of self-exclusion tools. Additionally, the regulator noted a high volume of French users bypassing previous financial restrictions.
The block order cuts French users off ahead of the World Cup final, which will settle the largest event markets in the prediction market industry's history. The order involves geoblocking Polymarket.