European Lotteries calls for clearer regulation of prediction markets
By The Weekly Edge desk ·
Summary
European Lotteries is calling for a coordinated framework that assesses prediction products by their legal features and risks, rather than their labels or technology. It says differing national gambling rules and financial regulations can leave oversight fragmented, and supports coordination between financial and gambling authorities.
Why it matters
A coordinated framework could reduce fragmented oversight by assessing prediction products by legal features and risks.