
Czechia orders Polymarket ISP block
- Czechia ordered internet providers to block access to Polymarket for 15 days.
- Authorities said the platform offered unlicensed gambling services.
- The case adds to growing regulatory pressure on prediction market platforms in Europe.
Polymarket was ordered offline in Czechia after regulators directed internet service providers to block access to the prediction market platform for 15 days over alleged unlicensed gambling.
The order follows increased scrutiny of prediction markets across several countries as regulators examine whether the platforms comply with local gambling laws.
The Czech regulator said Polymarket was operating without the required gambling licence and instructed internet providers to restrict access to the platform.
Polymarket has not publicly responded to the order, and the company is privately held so no share price was available following the announcement.
Polymarket allows users to trade contracts tied to the outcome of real-world events, including elections, sports and economic data.
The Czech action follows similar regulatory challenges facing prediction market operators in other countries as governments assess how existing gambling laws apply to the sector.