Gibraltar Enacts World’s First Prediction Markets Framework

Gibraltar.- 15 July 2026 www.zonadeazar.com Gibraltar has brought the Prediction Market Regulations 2026 into force, becoming the first jurisdiction worldwide to introduce a dedicated regulatory framework for prediction markets. The regime forms part of the Gambling Act 2025 and creates a separate legal category distinct from traditional gambling.

News Details

The regulations define prediction markets as platforms facilitating the creation, trading and settlement of contracts whose value depends on whether a specified event occurs. Under the framework, prediction market activity will not automatically be classified as betting, gaming or lottery solely because of its characteristics.

The Gibraltar Gambling Division is empowered to approve, restrict or prohibit certain classes of contracts where they may conflict with regulatory objectives or the public interest. Potentially restricted markets include contracts linked to terrorism, war, criminal activity, death, serious injury or events vulnerable to manipulation.

Licensed operators must implement comprehensive safeguards against market manipulation, insider trading, wash trading and collusive trading, while maintaining robust AML, CTF, transparency and conflict-of-interest controls.

Industry Context

The framework strengthens Gibraltar’s strategy of positioning itself as a global hub for regulated digital innovation. It follows the approval of ADI Predictstreet and WagerWire, the territory’s first licensed prediction market operators.

The move contrasts with the regulatory approach taken by several European jurisdictions, where prediction market platforms have faced restrictions or enforcement actions under existing gambling legislation. Gibraltar has instead opted to establish a bespoke regulatory regime tailored specifically to the sector.

Statements

Nigel Feetham, Gibraltar’s Minister for Justice, Trade and Industry, said:

“This is more than a new regulatory framework; it is a statement of intent. My ambition is to position Gibraltar as a leading jurisdiction for responsible digital innovation and for the development of new markets underpinned by high regulatory standards.”

He added:

“It provides regulatory certainty for a rapidly developing global industry while creating new opportunities to attract investment, support high-value employment and further diversify Gibraltar’s economy.”

Next Steps or Impact

Gibraltar expects to issue the first licence under the new regime shortly, while additional operators have already received approvals in principle. The framework is expected to strengthen the territory’s position as an international centre for prediction market regulation and may influence future regulatory developments elsewhere.

Edited by: @_fonta