Latest news and stories about prediction market in Portugal for expats and residents.
“The site you are trying to access has been blocked as a result of compliance with a judicial or administrative order.” This is one of the messages now shown when attempting to access the Polymarket betting site, the platform that handled €90 million in bets on the presidential election. The site has already become inaccessible in Portugal.
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.
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.
