Gibraltar Enacts World’s First Regulatory Framework For Prediction Markets

Gibraltar introduced the world’s first dedicated regulatory framework for prediction markets with the publication of the Prediction Market Regulations 2026, as Legal Notice No. 176 of 2026, in the Gibraltar Gazette on 13 July.

Now in force under the Gambling Act 2025, these landmark regulations establish a legal framework governing prediction market operators and contracts, distinguishing the sector from traditional gambling activities.

A prediction market is defined as a system, platform or arrangement that facilitates the creation, trading or settlement of prediction market contracts – financial instruments whose value is determined by the occurrence or non-occurrence of a specified event or outcome.