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Reading: Dutch regulator orders Polymarket to halt operations or face €840,000 penalty
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Dutch regulator orders Polymarket to halt operations or face €840,000 penalty

Editor
Last updated: February 22, 2026 11:33 am
Editor
Published: February 22, 2026
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Dutch regulator orders Polymarket to halt operations or face €840,000 penalty


The Dutch playing regulator, Kansspelautoriteit, has ordered Polymarket to cease providing its companies within the Netherlands, concluding the platform operates unlicensed video games of probability beneath Dutch legislation.

In a public resolution dated January 20, 2026, the authority discovered that Journey One QSS Inc., recognized because the operator of polymarket.com, allowed Dutch customers to register, deposit funds and place wagers with out holding an area playing license nether.

Regulators confirmed from a Dutch IP tackle that customers may create accounts, deposit €10 by a Dutch financial institution by way of Mastercard and place bets on political markets, together with outcomes tied to Dutch elections.

The Kansspelautoriteit decided that the platform violates Article 1(1)(a) of the Dutch Playing Act, which prohibits providing video games of probability with out a license. Polymarket has 4 weeks to stop entry from the Netherlands or face penalties of €420,000 per week, capped at €840,000.

The regulator rejected Polymarket’s argument that its merchandise perform as monetary prediction markets somewhat than playing. It mentioned payouts rely on unsure exterior occasions past individuals’ management, assembly the statutory definition of a recreation of probability.

Polymarket and related platforms have confronted scrutiny or enforcement in US states, the UK, France, Germany, Italy, Australia, Singapore, Portugal, Hungary, Thailand and now the Netherlands.

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Reading: Dutch regulator orders Polymarket to halt operations or face €840,000 penalty
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