Kansspelcommissie, the Gambling Authority of Belgium, has added Polymarket to its blacklist of illegal gambling websites as of 30 January 2025.
Belgian news sources report that the Authority has determined Polymarket to be non-compliant with the Gambling Act of Belgium.
Polymarket is reported to have failed to respond to three separate warnings issued by the Kansspelcommissie, which subsequently submitted a request to the public prosecutor of Belgium to block IP access to the Polymarket website. The Authority has not provided specific information on Polymarket’s engagement with Belgian consumers.
Founded in 2020 by technologist Shayne Coplan, Polymarket describes itself as a cryptocurrency platform that offers prediction markets on real events for investors.
