Polymarket Gets Hit With $487,000 Dutch Penalty for Halting Service One Day Too Late

The Dutch gambling regulator (KSA) has moved to collect €420,000 (~$487,000) from the company behind Polymarket, the latest sign that Europe is treating prediction markets as unlicensed gambling even as the US embraces them as financial products. How a single day cost Polymarket $487,000 The Kansspelautoriteit (KSA) published its collection decision on 16 June against […]