Netherlands Blocks Polymarket And Threatens €840K In Fines - Prediction Markets Are Running Out Of Safe Harbors
The Netherlands has blocked Dutch users from accessing Polymarket after the country's gambling regulator concluded the platform operated as an unlicensed gambling service. The Kansspelautoriteit issued a formal penalty order on Jan. 20, threatening fines of €420,000 per week - up to a €840,000 ceili