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Spain blocks Polymarket, Kalshi over gambling licences

Published Tuesday, May 26, 2026 · Updated May 26

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Media Analysis

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Spain's Consumer Rights Ministry has temporarily banned prediction markets Polymarket and Kalshi. The ban, which is due to the companies operating without gambling licenses, will last for three to four months while a probe into alleged breaches of local rules is conducted.

What We Know — Key Points

  • Spain's Consumer Rights Ministry temporarily banned prediction markets Polymarket and Kalshi for operating without a gambling licence.
  • The temporary ban on Polymarket and Kalshi will last for three to four months, pending a probe into the U.S.-based companies for allegedly breaching local rules.

What Is Claimed — Perspectives

  • Channel News AsiaCenter

    Spain's Consumer Rights Ministry has temporarily banned prediction markets Polymarket and Kalshi for operating without gambling licenses. The ban will last for three to four months pending a probe into the U.S.-based companies for allegedly breaching local rules.

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