French gaming regulator examining crypto prediction platform over bets on Donald Trump victory

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One trader made €44m profit in wagers on victory for Republican politician

Donald Trump has been elected as the next US president. Photo: AP

Benoit Berthelot and Emily Nicolle

France’s gambling regulator is examining the operations of cryptocurrency-based prediction markets platform Polymarket to see if it complies with local rules following a surge in user demand around the US presidential election.

“We are aware of this site and are currently examining its operation and compliance with French gambling legislation,” an Autorite Nationale des Jeux (ANJ) spokesperson for the regulator told Bloomberg News yesterday.

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