Regulator orders closure of Polymarket betting platform
The regulator says it only became aware of Polymarket 'very recently' and that it 'does not have any authorisation to make its services available' in Portugal. Bets on the presidential election reached €120 million.
Bets on the presidential election on a site not licensed in Portugal total more than €95 million
More than €95 million has been bet on the presidential election on a platform called Polymarket. This site is not among the 17 entities licensed in Portugal that are authorised to offer online gambling and betting.
