Gibraltar has implemented a standalone regulatory regime for prediction markets, marking the first dedicated framework of its kind globally. The update follows the recent licensing of ADI Predictstreet and Wire Markets.
Regulatory Implementation
The jurisdiction introduced the specialized licensing pathway to address the distinct operational requirements of forecast-based trading platforms. This regulatory structure separates prediction market operators from traditional gaming and betting licenses, allowing companies to comply with sector-specific standards.The framework was developed after Gibraltar reviewed the operational models of newly licensed entities. ADI Predictstreet and Wire Markets received their approvals under the updated guidelines, establishing a precedent for future applicants. The licensing process now requires operators to demonstrate transparent market mechanics and independent dispute resolution procedures.