Spain News & Prediction Market Coverage

Yes. Spain's Directorate General for the Regulation of Gambling blocked both platforms on May 26 after determining they lack Spanish gambling licenses, directing internet service providers to enforce the restrictions while licensing investigations continue.

Yes. Spain joined Belgium, France, Germany, Italy, the Netherlands, Poland, Portugal, and Switzerland in coordinated enforcement actions against unlicensed prediction market operators.

The blocks followed determinations that Polymarket and Kalshi were operating unlicensed gambling services; the action aligns with a broader pattern of national authorities restricting platforms that lack local licenses.

Spain becomes the fifth major market where Polymarket faces active government blocking, alongside Indonesia, India, Brazil, and South Korea.

Reports indicated La Liga club Osasuna placed a €1.2 million Kalshi position to hedge relegation risk, though separate reporting stated the club was unaware of any such bet and had instead purchased traditional insurance.