French regulators are looking into Polymarket

French regulators are looking into Polymarket after a massive surge in US election betting
France's gambling regulator said it's looking into Polymarket to determine compliance with domestic laws.That comes after one "whale" who bet $30 million on a Trump win was revealed to be a French national.
U.S. Election Betting: Polymarket 'Manipulation' Claims Miss the Mark
Mainstream media reports have speculated that Donald Trump's odds on Polymarket are being manipulated for political purposes.Experts in
Gamblers spend more than $3.3bn on Polymarket betting on 2024 presidential election, mostly for Trump
Gamblers have spent more than $3.3bn on the betting site Polymarket guessing the results of the 2024 U.S. presidential election, with nearly two-thirds of them banking on a Trump win. The money spent on Polymarket election bets now even eclipses the combined fundraising hauls of both presidential campaigns,
The surge in election betting has catapulted Kalshi and Polymarket to the top of Apple's App Store
Nearly $5 billion in bets have been placed on the outcome of the presidential election across Polymarket and Kalshi.
French Regulator Examines Polymarket After Bets on Trump
France’s gambling regulator is examining the operations of cryptocurrency-based prediction markets platform Polymarket to see if it complies with its rules following a surge in user demand around the US presidential election.
French watchdog probes Polymarket, where trader won big on Trump bet
France's gambling regulator said on Thursday it was examining whether Polymarket, the platform where a French trader placed a successful multi-million dollar bet on Donald Trump winning the U.S. presidential election,
CNBC on MSN3h
Polymarket plans to return to the U.S., founder says
Betting platform Polymarket halted U.S. operations in 2022, but plans to bring its prediction markets back to customers in ...
decrypt9h
Whales Won Millions Betting on Trump, But 86% of Polymarket Traders Have Lost Money
The vast majority of Polymarket users have lost money on the prediction market platform, fueling profits for a small sliver ...
The Daily Hodl7h
French Gambling Regulator Announces Plans To Probe Polymarket Following Big Wins on Trump Presidency: Report
As Polymarket bettors worldwide rake in their wins following President Donald Trump's re-election victory over Vice President ...
Banned betting platform Polymarket paid U.S. social media influencers for election content
Photographer: Michael Nagle/Bloomberg(Michael Nagle / Bloomberg) The predictions-betting platform Polymarket has been ...
Polymarket ‘whale’ who bet big on Trump win raked in $48M in profits
The French “whale” who bet $30 million on a Trump White House win via Polymarket has raked in $48 million in profits on the ...
New York Sun7h
Despite Being Vilified by ‘Experts,’ Election Betting Markets Turned Out To Be More Accurate Than Pollsters
The chief executive of Polymarket, Shayne Coplan, told CNBC’s “Squawk Box” that his betting site was a more accurate and more timely indicator of where the presidential race was moving when compared ...
Election Betting Odds: Trump Hits 99% On Polymarket, Kalshi As More Election Results Come In
ToplineWith polls closing in mere hours, betting markets firmly favor former President Donald Trump to secure a second ...
CoinDesk on MSN1d
Polymarket, Prediction Betting Markets Vindicated by Trump's Strong Showing
Tuesday night's election returns were a shocker if you only watched CNN. But not if you'd looked at the betting all along.