Key Moments: Spain blocked access to Polymarket and Kalshi on May 26 due to licensing and compliance concerns. In addition, Sportradar now faces a securities fraud class action filed on May 27 after a recent share price drop. Meanwhile, Austria’s Finance Ministry published a draft law on May 27 that would open its online casino market to multiple licensees. Spain Tightens Rules on Prediction Markets Spanish authorities stepped up regulation on May 26. They launched formal sanction proceedings against Polymarket and Kalshi. They also instructed internet providers to restrict access…
Read MoreEuropean iGaming Shifts: Spain Enforces Bans, Sportradar Faces Lawsuit, Austria Considers Market Expansion
