Gibraltar authorises two prediction market operators and opens European summit
Authorisations confirmed at the Prediction Markets Summit Europe; more applications are pending
Key Takeaways
- Gibraltar authorised Predict Street Limited and Wire Alternative Markets Limited and has additional licence applications under review.
- The Prediction Market Regulations 2026 came into force 13 July 2026, establishing a separate licensing framework covering market integrity, client funds, AML and digital-asset payments.
- Nigel Feetham opened the Prediction Markets Summit Europe on 10 November and warned that Gibraltar authorisation does not automatically permit operations in other countries.
- In June, nine European authorities, including France, Germany, Spain and the Netherlands, agreed to coordinate actions against platforms operating without local licences.
- ESMA warned that some event contracts could be financial instruments subject to retail binary-options restrictions.
The Minister for Justice, Commerce and Industry of Gibraltar, Nigel Feetham, opened the Prediction Markets Summit Europe on 10 November and confirmed the government has granted licences to two prediction market operators, with further applications under review. Feetham said the sector represents a “substantial opportunity for Gibraltar” and warned that local authorisation does not automatically permit activity in other European countries.
Authorisations and regulatory framework
The two licensed firms appear on the Gibraltar official gaming register: Predict Street Limited and Wire Alternative Markets Limited. Gibraltar introduced the specific framework Prediction Market Regulations 2026 on 13 July 2026, creating a separate licensing scheme that covers market integrity, client funds, anti-money laundering and payments with digital assets. The regulations and licensing process were discussed in detail during the summit and link to wider [regulatory](/regulation) considerations for operators.
“We want to approach the industry ‘with ambition, but also discipline’,” Feetham said at the opening, stressing the balance between attracting business and maintaining regulatory standards.
Feetham added that applications remain in progress and that prediction markets raise regulatory issues that “no single jurisdiction can answer fully on its own”.
Regulatory participation and European debate
The event, organised by Eventus International, billed itself as the first European summit dedicated to prediction markets and brought together regulators and legal and compliance experts. Speakers included Andrew Lyman, Gibraltar Gambling Commissioner; a representative of the Danish regulator Spillemyndigheden; and specialists from BetBlocker, Ethical Gambling Forum and the Centre of Excellence in Responsible Gaming (CERG). The summit was also presented as an industry meeting point for operators and advisers and linked to [events](/events) where market standards are debated.
Discussions took place amid continuing disagreements among European regulators about how these markets should operate. In June, nine European gaming authorities — including those of France, Germany, Spain and Netherlands — agreed to coordinate actions against platforms operating without local licences. At the same time, the European Securities and Markets Authority (ESMA) warned that certain event contracts could qualify as financial instruments subject to restrictions on retail binary options.
For Gibraltar, the new regime offers a route to attract prediction market companies provided they also comply with the gaming and financial rules of other territories where they operate. Prediction Markets Summit Europe served as a forum to articulate those regulatory and operational tensions and to discuss practical compliance steps for operators and service providers in the [b2b](/b2b) market.
Frequently Asked Questions
Which operators has Gibraltar authorised for prediction markets?
Gibraltar has authorised Predict Street Limited and Wire Alternative Markets Limited, according to the Gibraltar official gaming register and confirmed at the summit on 10 November.
What does Gibraltar's new regulatory framework cover and when was it approved?
The new framework is the Prediction Market Regulations 2026, approved on 13 July 2026; it covers market integrity, client funds, anti-money laundering and payments with digital assets.
Does a Gibraltar licence allow an operator to offer products across Europe?
No. Nigel Feetham warned that Gibraltar authorisation does not automatically enable offerings in other European jurisdictions; operators must comply with the rules of each territory where they wish to operate.
What position have European regulators taken on prediction markets?
In June, nine European gaming authorities, including those of France, Germany, Spain and the Netherlands, agreed to coordinate against platforms without local licences, reflecting regulatory disagreement on cross-border operations.
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About the author
Renata Quiroga
Betting Markets Correspondent
Renata Quiroga covers sports betting and prediction markets — sportsbook launches, odds technology, event contracts, and the regulatory calls that decide what can be bet on and where. The reports open with the product or the ruling, name operators and platforms precisely, and explain the mechanics without needless jargon. When a book enters a Latin American market or a prediction exchange lists a contested contract, Renata Quiroga reports what changes for the bettor.
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