Nevis launches a specific licence for prediction markets
NOGA published application requirements and forms on 2 November 2026.
Key Takeaways
- The Nevis Online Gaming Authority launched the Nevis Prediction Market License on 30 October 2026.
- Application requirements and forms were published on NOGA’s portal on 2 November 2026.
- The framework creates separate licensing routes for B2C operators and B2B technology and service providers.
- Regulated markets include sports, finance, politics, entertainment, weather and cryptocurrencies, and permit binary, multi‑outcome and pari‑mutuel structures.
The Nevis Online Gaming Authority (NOGA) launched the Nevis Prediction Market License on 30 October 2026, creating a dedicated regulatory category for prediction market operators and technology providers. The framework distinguishes between public-facing operators and technology suppliers, and application requirements and forms were published on NOGA’s official site on 2 November 2026.
Separate licensing structure for B2C and B2B
The new framework explicitly separates NOGA’s existing online gaming provisions from the prediction-market category. Under this structure, there are independent licensing routes for:
business-to-consumer (B2C) prediction market operators; and
business-to-business (B2B) technology and service providers.
NOGA will assess eligibility and permitted activities on a case-by-case basis, considering each applicant’s risk profile and operational design. Operators and providers may consult the authority before filing an application to review business models and compliance readiness. See the guidelines in the [regulation](/regulation) section of the portal for details on filing requirements and procedures, and consult the regulation section for specific instructions.
Market scope and permitted structures
The framework regulates a wide range of event-based markets: sports, economic and financial indicators, political and electoral events, entertainment, weather and climate, and cryptocurrencies and digital assets. Several trading mechanisms are recognised, including binary markets, multi-outcome markets, pari‑mutuel models and market‑maker arrangements, provided they obtain formal regulatory approval.
Integrity safeguards and participant protection
The regime incorporates NOGA’s existing standards on corporate due diligence, financial transparency, AML/CFT compliance and customer protection, together with measures specific to prediction‑market risks. Regulatory obligations include prevention of market manipulation, comprehensive conflict‑of‑interest management, transparent event resolution and safeguards for participants’ funds.
Operators must identify reliable data sources to determine market outcomes, apply transparent settlement procedures and maintain formal dispute‑resolution mechanisms.
“With this dedicated framework, our aim is to provide greater clarity for businesses entering this sector while market integrity and participant protection remain central to the licensing process,” said Nuri Katz, CEO of the Nevis Online Gaming Authority.
Impact for providers and cross‑border obligations
The new licensing route provides regulatory clarity for payment processors, technology vendors and ancillary firms that service prediction‑market platforms. Authorisation under the Nevis framework will be conditional on compliance with applicable local laws in any external jurisdiction where the licensee provides services. Technology and payments firms must prepare documentation and controls demonstrating integrity and AML/CFT compliance before formal application. Detailed requirements and forms were published by NOGA on 2 November 2026 and are available for consultation in the portal’s b2b section.
Frequently Asked Questions
When did NOGA launch the prediction market licence?
NOGA launched the Nevis Prediction Market License on 30 October 2026 and published the related requirements and application forms on 2 November 2026 on its official portal.
What markets and activities does the new framework cover?
The framework covers event‑based markets including sports, economic and financial indicators, political and electoral events, entertainment, weather and climate, and cryptocurrencies and digital assets. It allows trading structures such as binary, multi‑outcome, pari‑mutuel and market‑maker models subject to regulatory approval.
How does NOGA separate operators and technology providers?
NOGA created independent licensing pathways for business‑to‑consumer (B2C) prediction market operators and business‑to‑business (B2B) technology and service providers. Each applicant is assessed individually based on risk profile and operational design.
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About the author
Miguel Sandoval
Regulatory Affairs Correspondent
Miguel Sandoval tracks gambling legislation, licensing, and regulator enforcement — from Spain's DGOJ and the Latin American authorities to the UKGC, the MGA, and the state-by-state map in North America. The reports answer three questions precisely — what changed, where, and who it affects — with jurisdictions, dates, and penalties cited exactly as published. Operators and compliance officers read Miguel Sandoval to know which rulebook moved before their next meeting.
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