
The Czech listing adds to widening European pressure on prediction markets, as regulators increasingly weigh whether event contracts should be treated as gambling, binary options, or other regulated financial products.
The Czech Finance Ministry has added Polymarket to its list of unauthorized online gambling platforms, triggering a requirement for internet service providers to block access within 15 days of the July 13 publication. Jan Řehola, director of the Institute for the Regulation of Gambling, said the move was aimed at applying the same rules to all operators offering betting for money rather than stopping innovation. The decision extends a broader European clampdown on prediction markets. The Institute for the Regulation of Gambling said Polymarket has already been blocked or restricted in Germany, Belgium, Romania, Switzerland, Poland, Greece, Cyprus, Portugal, Spain and Ukraine, while regulators in the Netherlands, France and the United Kingdom have warned that such products may already fall under existing gambling rules. On July 3, the European Securities and Markets Authority also said some prediction market contracts may already be caught by EU restrictions on binary options, depending on how the contracts are structured, and that firms may need authorization under MiFID II when offering qualifying products. Pressure is also building in the United States, where the Commodity Futures Trading Commission says event contracts are federally regulated derivatives, even as several states allege that products offered by Polymarket and Kalshi amount to illegal gambling. The dispute has produced conflicting court rulings and renewed calls for legislative clarity. In June 2026, Senators John Curtis and Adam Schiff asked the CFTC to investigate Polymarket following a Wall Street Journal report on alleged fake betting promotions tied to the platform. Despite the legal scrutiny, combined monthly trading volume across Kalshi, Polymarket and Polymarket US rose to $44.8 billion in June 2026 from $25.7 billion in May, helped by activity linked to the 2026 FIFA World Cup.