Indonesia bans Polymarket following bets on Prabowo presidency end date
The predictions market attracted attention on social media in Indonesia after a bet opened on when Prabowo would be ‘out as president’
2-MIN READ2-MIN
Gambling is illegal in Indonesia and authorities have been clamping down on online betting.
“The government will not allow any form of online gambling in Indonesia,” the ministry said in a statement.
AdvertisementMinistry official Alexander Sabar late on Friday said Polymarket was classified as an online gambling platform and its activities “contain betting and speculation over events that are inconclusive”, therefore violating Indonesian law.
Polymarket said on Tuesday that the company was committed to engaging with authorities.

“We welcome the opportunity to collaborate with Indonesia on a path forward that supports responsible innovation, transparency and user protection in prediction markets,” it said.
AdvertisementSelect VoiceSelect Speed0.8x0.9x1.0x1.1x1.2x1.5x1.75x00:0000:001.00xСхожі новини
Israel pushes ground ops beyond security zone after massive strikes in Lebanon
Wives not deemed maids, refusal to do household chores not cruelty: High Court
Ex-JPMorgan banker's lawyer resigns ahead of sex assault lawsuit hearing