Czech Republic to block access to Polymarket

The Czech Ministry of Finance has added prediction market platform Polymarket to its list of illegal internet gambling sites, Bitcoin.com reported. Consequently, internet service providers (ISPs) must block access to the platform within 15 days. Jan Řehole, director of the Institute for Gambling Regulation, argued that while legal gambling allows the government to identify operators, participants, and suspicious transactions, prediction markets lack a corresponding supervisory framework. He asserted that these platforms, which permit betting on nearly any event including weather, political decisions, and security operations, are unregulated gambling products rather than risk-free innovations.