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European Lotteries calls for coherent prediction-market rules
The lottery association wants existing financial and national gambling rules applied consistently, rather than a technology-based carve-out.
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Kalshi sees no near-term EU setup despite ESMA talks
Chief risk officer Udesh Jha says Europe’s fragmented rules make regulatory clarity a gradual process, not a one-step launch
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ESMA says Polymarket, Kalshi lack EU authorization
The watchdog also questioned partial geo-blocks, saying event contracts can fall under securities, crypto or gambling rules depending on how they are structured.