RTE.ie·3 min read·medium

Prediction market firm facing proceedings by regulator

E
Eithne Dodd
Prediction market firm facing proceedings by regulator
AI Summary

The Gambling Regulator Authority of Ireland (GRAI) has initiated High Court proceedings against a major global prediction market operator. The regulator is cracking down on unlicensed platforms, with some companies choosing to geoblock Ireland to avoid legal intervention.

High Court proceedings have begun against a prediction market firm, the head of the Gambling Regulator Authority of Ireland (GRAI) has said.

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