Polymarket's X account withheld in India following legal request over online betting
Polymarket's X account has been withheld in India following a legal request related to online betting, according to a report from Moneycontrol.com. Officials have maintained that platforms such as Kalshi and Polymarket violate the Promotion and Restriction of Online Gaming Act, which was notified.
India is a large potential market for prediction platforms; a government crackdown using online-gaming law could signal broader geoblocking or enforcement risk for CFTC-regulated operators expanding internationally.
Polymarket joins Kalshi, DraftKings, FanDuel, Fanatics, and Robinhood in retreating from a market due to state or national enforcement, as the global crackdown on prediction platforms widens beyond U.S. state attorneys general to India's online-gaming regulators.