Gibraltar licenses prediction markets under gambling regime as bespoke framework develops
Gibraltar licensed prediction market operators ADI Predictstreet and Wire Markets under its existing gambling regime. The British Overseas Territory continues to develop a bespoke standalone regulatory framework for prediction markets, which would mark a structural break from treating them under gambling or financial rules. Sources reported July 13, 2026 as the announcement date for the framework development. Wire Markets, the Gibraltar arm of WagerWire, holds approval under the current system.
Gibraltar's move to separate prediction markets from gambling rules would create the first dedicated regulatory category for the industry. For Wire Markets and ADI Predictstreet, early licensing under the existing regime secures market position before competitors arrive. Other jurisdictions now face a template race: Malta, the Isle of Man, and Curaçao each have gambling frameworks that could be adapted, but none has moved first.
The operator who wins a Gibraltar standalone license when the bespoke rules land gains a regulatory badge that peer venues lack. Rivals must decide whether to pile into Gibraltar's queue or push their own home regulators to match the pace. Either way, platform legal teams now have a concrete jurisdiction to benchmark against.