A court in Buenos Aires has ordered the blocking of the prediction platform Polymarket and in Argentina instructed technology giants Google and Apple to remove access to its mobile applications in the country, according to a statement released Monday by prosecutors.
The order was issued by Judge Susana Parada following an investigation led by Prosecutor Juan Rozas of the city’s specialised gambling prosecution office.
Polymarket is widely described as the world’s largest prediction market platform, allowing users to buy and sell shares linked to the probability of real-world events occurring, ranging from election outcomes to military attacks.
However, prosecutors in the capital concluded the site “operated as a concealed online betting system” and did not require identity or age verification, allowing accounts to be created within minutes.
“This meant that anyone – including children and adolescents – could access the platform and begin betting without any kind of control,” read the statement.
The investigation began after a complaint filed by the Lotería de la Ciudad de Buenos Aires, the city’s gambling regulator, which warned that the platform was operating without authorisation in the....
