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Dutch Regulator Shuts Polymarket Over Unlicensed Betting and Election Concerns

Wednesday, 18/02/2026 | 14:46 GMT by Tareq Sikder
  • The regulator orders Polymarket to stop unlicensed betting, warns of €840K maximum fines.
  • Meanwhile, prediction markets hit record $701.7 million daily volume despite growing regulatory pressure.
Netherlands, Amsterdam

The Dutch Gaming Authority has ordered Adventure One, which operates under the brand name Polymarket, to cease offering games of chance in the Netherlands because it has not obtained a Dutch gambling license.

The warning follows regulatory action in the United States. Tennessee’s Sports Wagering Council directed Kalshi, Polymarket, and Crypto.com to halt offering sports-related contracts. The regulator also ordered the platforms to void existing contracts and issue refunds.

The council said the companies lacked state gambling licenses and posed a public risk. Federal registration with the Commodity Futures Trading Commission does not exempt them from state rules. Noncompliance could lead to fines or criminal action.

Dutch Regulator Targets Polymarket Election Bets

Ella Seijsener, Director of Permits and Supervision at the Ksa
Ella Seijsener, Director of Permits and Supervision at the Ksa, Source: LinkedIn

Polymarket must stop its activities immediately. The Ksa said that if the company continues, it could face a penalty of €420,000 per week, up to a maximum of €840,000. A turnover-related fine may also be applied later, the authority reported.

Polymarket has argued that its prediction markets are not games of chance. The Ksa disagrees. The regulator said contact with the company over its activities has not led to any visible change, and the offer remains available.

Ella Seijsener, Director of Permits and Supervision at the Ksa, said that “prediction markets are on the rise, also in the Netherlands” but added that the type of business “offers bets that are not allowed in our market anyway, not even by licensees.”

She noted the social risks, including “the possible influence of elections.” She said the authority considers such platforms to be illegal gambling and emphasized that companies without a Ksa license “have nothing to do with our market,” including new types of gambling platforms.

Prediction Markets Reach Record $702 Million

Prediction markets have seen rapid growth in recent months. In January this year, they reached a record single-day volume of $701.7 million. Kalshi accounted for $465.9 million, while Polymarket and Opinion handled roughly $100 million combined.

Kalshi reported a total of $23.8 billion in trading volume for 2025. Some trades on Polymarket, including large political wagers, have raised concerns about potential insider activity. Access to these platforms is now restricted in over 30 countries, including the US and UK.

The Dutch Gaming Authority has ordered Adventure One, which operates under the brand name Polymarket, to cease offering games of chance in the Netherlands because it has not obtained a Dutch gambling license.

The warning follows regulatory action in the United States. Tennessee’s Sports Wagering Council directed Kalshi, Polymarket, and Crypto.com to halt offering sports-related contracts. The regulator also ordered the platforms to void existing contracts and issue refunds.

The council said the companies lacked state gambling licenses and posed a public risk. Federal registration with the Commodity Futures Trading Commission does not exempt them from state rules. Noncompliance could lead to fines or criminal action.

Dutch Regulator Targets Polymarket Election Bets

Ella Seijsener, Director of Permits and Supervision at the Ksa
Ella Seijsener, Director of Permits and Supervision at the Ksa, Source: LinkedIn

Polymarket must stop its activities immediately. The Ksa said that if the company continues, it could face a penalty of €420,000 per week, up to a maximum of €840,000. A turnover-related fine may also be applied later, the authority reported.

Polymarket has argued that its prediction markets are not games of chance. The Ksa disagrees. The regulator said contact with the company over its activities has not led to any visible change, and the offer remains available.

Ella Seijsener, Director of Permits and Supervision at the Ksa, said that “prediction markets are on the rise, also in the Netherlands” but added that the type of business “offers bets that are not allowed in our market anyway, not even by licensees.”

She noted the social risks, including “the possible influence of elections.” She said the authority considers such platforms to be illegal gambling and emphasized that companies without a Ksa license “have nothing to do with our market,” including new types of gambling platforms.

Prediction Markets Reach Record $702 Million

Prediction markets have seen rapid growth in recent months. In January this year, they reached a record single-day volume of $701.7 million. Kalshi accounted for $465.9 million, while Polymarket and Opinion handled roughly $100 million combined.

Kalshi reported a total of $23.8 billion in trading volume for 2025. Some trades on Polymarket, including large political wagers, have raised concerns about potential insider activity. Access to these platforms is now restricted in over 30 countries, including the US and UK.

Topics
Polymarket
retail
Netherlands
The Netherlands
About the Author: Tareq Sikder
Tareq Sikder
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About the Author: Tareq Sikder
A Forex technical analyst and writer who has been engaged in financial writing for 12 years.
  • 2148 Articles
  • 39 Followers

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    In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles. We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading. You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts. We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services. Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance. 📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage. Connect with us: 🔗 LinkedIn: /financemagnates 👍 Facebook: /financemagnates 📸 Instagram: https://www.instagram.com/financemagnates 🐦 X: https://x.com/financemagnates 🎥 TikTok: https://www.tiktok.com/tag/financemagnates ▶️ YouTube: /@financemagnates_official #Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights

    In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles. We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading. You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts. We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services. Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance. 📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage. Connect with us: 🔗 LinkedIn: /financemagnates 👍 Facebook: /financemagnates 📸 Instagram: https://www.instagram.com/financemagnates 🐦 X: https://x.com/financemagnates 🎥 TikTok: https://www.tiktok.com/tag/financemagnates ▶️ YouTube: /@financemagnates_official #Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights

    In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles. We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading. You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts. We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services. Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance. 📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage. Connect with us: 🔗 LinkedIn: /financemagnates 👍 Facebook: /financemagnates 📸 Instagram: https://www.instagram.com/financemagnates 🐦 X: https://x.com/financemagnates 🎥 TikTok: https://www.tiktok.com/tag/financemagnates ▶️ YouTube: /@financemagnates_official #Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
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