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Japan's prediction markets use shopping vouchers to bypass gambling laws

The voucher workaround creates a template for platforms in other Asian jurisdictions with hard gambling bans. Japanese courts and regulators tolerate the model, operators in South Korea, Thailand, and similar markets can adapt the same structure rather than wait for legislative reform. The loyalty-points and voucher variants are both pursuing the same legal distinction: non-cash rewards may fall outside gambling definitions, but that theory remains untested in any Japanese court. A single adverse ruling would collapse both models and force a retreat to pure social-prediction formats with no prizes at all. For now, the absence of enforcement gives domestic startups a narrow window to build user bases before regulators close the gap or global platforms find their own compliant entry path.