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Most Logic subscribers oppose legalizing prediction markets in Canada

Published Jul 3, 2026Updated 17h ago

A subscriber survey by The Logic found that most respondents do not support legalizing prediction markets in Canada. The publication presented the results in a pie chart. Both Kalshi and Polymarket were noted as having recently come under scrutiny. Separately, a Reddit user in the r/askTO community asked which platforms Canadians are using for small friendly bets on World Cup games, noting that Kalshi and Polymarket are not available in Canada.

Why this matters?

The Logic subscriber base skews toward Canadian business and policy professionals, making this opposition a signal that prediction market legalization lacks elite institutional support in a major Commonwealth market. For Kalshi and Polymarket, both already blocked from Canadian users, the survey suggests any future lobbying effort would face uphill persuasion among the policy class that would need to champion regulatory change. The absence of a domestic operator or legislative pipeline means this sentiment faces no organized counterweight, freezing both platforms out of a G7 economy with deep sports betting culture. Unless a Canadian exchange or political champion emerges to reframe event contracts as financial innovation rather than gambling expansion, the status quo of outright platform exclusion looks durable. The Reddit user seeking World Cup betting workarounds illustrates latent consumer demand that prohibition simply reroutes rather than eliminates.

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