Argentina Blocks Polymarket for Operating as an Unauthorized Betting Platform
Argentina.- March 18, 2026 www.zonadeazar.com The Buenos Aires City Court has ordered the nationwide blocking of Polymarket, widely regarded as the world’s leading prediction market platform, after ruling that it operated as an unauthorized betting system.
Nationwide Judicial Action
The measure, driven by the Specialized Gambling Prosecutor’s Office, enforces access restrictions across Argentina. Authorities also requested Google and Apple to remove the app from their digital stores for local users.
Concerns Over Lack of Controls and Global Event Betting
Investigations revealed that the platform enabled users to place real-money wagers on future events, including elections, political decisions, and international conflicts, without proper identity verification or age control mechanisms.
A Regulatory Milestone for Prediction Markets
With this decision, Argentina becomes one of the first countries in Latin America to fully block a global prediction market platform. The move sets a significant precedent in the regulation of online gambling and emerging digital betting models.
Edited by @pererarte www.zonadeazar.com