Prediction markets are financial derivative products with gambling-like characteristics, but they fall outside the standard GC taxonomy and trigger the Binary Options strict mapping rule requiring exclusion.
Online Gambling is a secondary consideration as the update discusses regulatory licensing and jurisdictional positioning rather than specific online gambling product regulation.
Topic
The update describes Gibraltar's issuance of a new gambling licence for prediction markets operations, which represents a fundamental expansion of the regulatory framework and opening of a new product category within the jurisdiction's gambling market.
The Gambling (Amendment) Bill 2026 introduces legislative amendments to the existing gambling framework, which may establish new or modified licensing criteria and conditions for operators.
2026-04-03 13:19:32·apintea@vixio.com
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TITLE: Gibraltar Issues Prediction Markets Licence and Advances Gambling Amendment Bill
BODY:
On March 31, 2026, Gibraltar's Minister for Gambling presented speaking notes to Parliament regarding the Gambling (Amendment) Bill 2026, which addresses amendments inadvertently omitted during the Committee Stage of the original Gambling Bill.
The Minister explained that amendments contained in a letter dated February 19, 2026, were not incorporated when the Bill received Royal Assent from the Governor. To rectify this omission, an urgent Bill has been introduced and certified by the Chief Minister to give effect to the outstanding amendments.
Significantly, Gibraltar has issued a new gambling licence for prediction markets operations, marking what the Minister describes as record timing for regulatory licence issuance in the jurisdiction. The licence was granted under existing legislation prior to the amended Act coming into force. The Minister attributed the rapid issuance to engagement with industry participants at the Consensus Hong Kong conference in February 2026, which generated substantial interest in Gibraltar's regulatory offering. The Minister anticipates prediction markets will represent a significant growth area for Gibraltar's economy and aligns with the Government's strategic objective of diversification.
The Minister also announced increased personal involvement in promoting Gibraltar's regulatory offering internationally, following recent United Kingdom gambling duty increases. This includes attendance at international conferences and scheduled meetings with the MONEYVAL Secretariate in Strasbourg and potential gaming applicants in London. The Minister emphasised the importance of adapting decisively to changing global economic conditions and retaining skilled personnel within the civil service to strengthen Gibraltar's position as a competitive jurisdiction.
Further information regarding the new licence is expected to be made public in the coming days.