Portugal Shuts Down Polymarket Amid Suspicious Betting on Presidential Election
Polymarket, a blockchain-based prediction platform, has been banned in Portugal after its suspicious betting patterns during the country’s presidential election raised red flags. The Serviço de Regulação e Inspeção de Jogos (SRIJ), Portugal’s gaming regulator, ordered the platform to shut down within 48 hours, citing its operation without a license and its involvement in illegal political betting. Betting Surge Amid Election Results The controversy erupted following the January 18, 2026, presidential election when Polymarket recorded over €4 million in wagers within […] The post Portugal Shuts Down Polymarket Amid Suspicious Betting on Presidential Election appeared first on World Casino News.
Polymarket, a blockchain-based prediction platform, has been banned in Portugal after its suspicious betting patterns during the country’s presidential election raised red flags. The Serviço de Regulação e Inspeção de Jogos (SRIJ), Portugal’s gaming regulator, ordered the platform to shut down within 48 hours, citing its operation without a license and its involvement in illegal political betting. Betting Surge Amid Election Results The controversy erupted following the January 18, 2026, presidential election when Polymarket recorded over €4 million in wagers within […]
The post Portugal Shuts Down Polymarket Amid Suspicious Betting on Presidential Election appeared first on World Casino News.
