Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
French Gambling Regulator Announces Plans To Probe Polymarket Following Big Wins on Trump Presidency: Report

French Gambling Regulator Announces Plans To Probe Polymarket Following Big Wins on Trump Presidency: Report

Daily Hodl2024/11/06 16:00
By: by Daniell Marlow
TON-0.40%XOLDTOKEN0.00%

As Polymarket bettors worldwide rake in their wins following President Donald Trump’s re-election victory over Vice President Kamala Harris, France’s top gambling regulator is announcing a probe into the popular betting platform.

According to a new Reuters report , the French gambling regulatory authority, the Autorité Nationale des Jeux (ANJ), is turning its focus to Polymarkets following the platform’s surge in popularity.

Said ANJ spokesperson Elsa Trochet-Mace said in an emailed statement to Reuters,

“We are currently examining its operation as well as its compliance with French legislation on gambling.”

Though Polymarket has yet to officially respond to the reports, the platform’s X account did send out a pointed message to detractors this morning.

“Don’t trust the mainstream media.”

French Gambling Regulator Announces Plans To Probe Polymarket Following Big Wins on Trump Presidency: Report image 0 Source: Polymarket/X

Polymarket is a decentralized prediction market platform where users bet on event contracts, predicting the outcome of various events. Currently, on Polymarkets, bettors think there is a 30% chance Trump will nominate the DOGEfather himself, Elon Musk , to his second-term cabinet.

The success of the betting market has inspired competitors, such as Robinhood and Kalshi, to put out similar gambling event contract products. Kalshi just filed for an event contract with the Commodities and Futures Trading Commission (CFTC) today for bettors to predict when Trump will receive his third impeachment .

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X , Facebook and Telegram

Surf The Daily Hodl Mix

Generated Image: Midjourney

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — YB/USDT!
Bitget Announcement2025/10/16 08:00
YBUSDT now launched for futures trading and trading bots
Bitget Announcement2025/10/15 11:07

Trending news

More
1
New spot margin trading pair — YB/USDT!
2
Exclusive Mystery Boxes for BGB holders group–Win random token incentives!

Crypto prices

More
Bitcoin
Bitcoin
BTC
$108,505.55
-2.10%
Ethereum
Ethereum
ETH
$3,924.76
-1.24%
Tether USDt
Tether USDt
USDT
$1
-0.02%
BNB
BNB
BNB
$1,148.43
-1.41%
XRP
XRP
XRP
$2.37
-2.33%
Solana
Solana
SOL
$189.32
-3.81%
USDC
USDC
USDC
$0.9999
-0.01%
TRON
TRON
TRX
$0.3200
+1.17%
Dogecoin
Dogecoin
DOGE
$0.1918
-3.22%
Cardano
Cardano
ADA
$0.6549
-2.39%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter