Tag: Adventure One QSS

Dutch Kansspelautoriteit (KSA) Moves to Shut Down Polymarket: Why “Prediction markets” Now Look Like Unlicensed Gambling in the EU

The Dutch gambling regulator KSA has ordered Polymarket’s operator to stop offering its crypto-based prediction markets to people in the Netherlands, backed by weekly penalty payments that can reach €840,000. The case matters far beyond the Dutch market: it’s a template for EU regulators to treat “event contracts” as illegal remote gambling unless licensed locally—regardless of whether the product is framed as “trading.”