France Blocks Polymarket Over Gambling Risks | Business and Finance News

France just pulled the plug on Polymarket, blocking access nationwide starting July 16th, citing rampant gambling losses and market manipulation risks. This follows Spain’s recent ban and reflects a global crackdown on prediction platforms like Polymarket and Kalshi, which let users bet on nearly anything — from elections to sports. Regulators argue these markets pose real financial dangers and lack legitimate economic value, prompting tighter controls as countries scramble to protect consumers. Polymarket hasn’t responded yet, but the fight over how to regulate these wild, high-stakes prediction markets is far from over. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1f31f0a8af439470