The Times reports FCA talks on UK prediction market restrictions
By The Weekly Edge desk ·
Summary
The FCA reportedly discussed easing its retail investor ban with prediction market operators, according to GamblingNews, citing The Times. The ban has applied since 2019. GamblingNews reported that any legalisation would also require UKGC involvement and could require platforms to obtain gambling licences.
Why it matters
Any UK legalisation could require prediction market operators to obtain gambling licences and comply with UKGC rules.