WagerWire approved as Gibraltar's second prediction markets licensee

WagerWire subsidiary Wire Markets has been approved as Gibraltar's second licensed prediction market operator. A company representative identified as Geiger said the firm will explore how the Gibraltar license could unlock opportunities for its US model. The approval makes Wire Markets one of just two licensed prediction market operators in the British Overseas Territory. The company is pivoting into prediction markets using the Gibraltar license, while Crypto.com is referenced as another operator that has used a similar path to gain prediction market access. FanDuel also recently expanded its prediction markets offering with Crypto.com, and ADI Predictstreet launched global prediction markets.