ESMA examines prediction markets in September financial risk monitor
By The Weekly Edge desk ·
Summary
ESMA examines prediction markets in its September risk monitor, iGaming Today reported. Sports contracts accounted for 73% of Kalshi trading activity in the data reviewed, while ESMA warned that European operators and consumers face a different regulatory environment from the United States.
Why it matters
ESMA warns European operators face a different regulatory environment from the United States for prediction markets.