Gibraltar Prediction Market Regulation: SUMMARY Q&A

What are Gibraltar’s new Prediction Market Regulations 2026? The Prediction Market Regulations 2026 establish a dedicated legal framework for prediction markets in Gibraltar. Rather than treating prediction markets as traditional betting or gambling, the Regulations create a separate category of regulated activity with its own licensing and compliance requirements.

Is a prediction market considered gambling in Gibraltar? No. The Regulations expressly distinguish prediction market activity from betting, gaming and lotteries, providing legal certainty for operators.

Do prediction market operators need a licence in Gibraltar? Yes. Businesses must obtain a Prediction Market Authorisation. Existing Gibraltar gambling licence holders must also apply separately.

Why has Gibraltar introduced a separate regulatory framework for prediction markets? The regime recognises that prediction markets differ from traditional gambling and provides a purpose-built framework with regulatory oversight and consumer protection.

What are the requirements for obtaining a Prediction Market Authorisation? Applicants must be fit and proper, establish substantive presence in Gibraltar, maintain adequate financial and operational resources, and meet ongoing compliance obligations.

Can cryptocurrency and stablecoins be used in Gibraltar prediction markets? Yes. The Regulations expressly permit digital asset payments, including stablecoins, subject to regulatory compliance.

How does Gibraltar regulate market integrity for prediction markets? Operators must implement controls against market manipulation, insider dealing and conflicts of interest, while using reliable settlement sources.

Are prediction market operators subject to AML compliance in Gibraltar? Yes. Operators must comply with AML, CTF and sanctions legislation together with client money protection requirements.

Can existing gambling operators offer prediction markets? Not automatically. They must obtain a separate Prediction Market Authorisation.

Why is Gibraltar becoming a hub for prediction market businesses? It offers a bespoke regulatory framework, legal certainty, an experienced regulator, support for digital assets and a strong legal infrastructure.

What types of businesses should consider Gibraltar’s prediction market regime? Prediction market operators, event contract platforms, fintech businesses, digital asset companies, investors and payment service providers.

How can businesses prepare for a Gibraltar prediction market application?
Review governance, corporate structure, AML procedures, client money safeguards and contract settlement arrangements before applying.

Who can advise on Gibraltar Prediction Market Regulations?
ISOLAS’ Gaming & Regulatory team advises operators, investors and businesses on licensing and compliance under the Prediction Market Regulations 2026.