The Dutch gambling authority has rejected Polymarket’s recent regulatory appeal. The Kansspelautoriteit maintains that the platform’s prediction markets fall under national gambling legislation.
Regulatory Classification
The regulator clarified its position by emphasizing how Polymarket structures its trading products. Officials noted that users place financial positions on the results of upcoming events. This mechanism matches the legal description of gambling activities within Dutch jurisdiction.The decision closes the current review phase for the platform’s operational status in the Netherlands. Polymarket must now align its service model with the KSA’s established framework or adjust its market approach.