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Polymarket is facing calls for more regulation. It’s introducing sportsbook-style safeguards
- On Wednesday, Polymarket rolled out new consumer protections and anti-addiction measures, including deposit limits and self-exclusion tools, as policymakers call for tighter regulation of prediction markets.
- The announcement follows New York's lawsuit filed one week ago seeking to shut down the company, joined by a bipartisan coalition of 44 states arguing prediction platforms should face gambling regulations.
- Sports and multi-leg parlays drove more than 98% of trading volume this month, prompting Polymarket to adopt "responsible trading" safeguards resembling those at sportsbooks like DraftKings and FanDuel.
- Malea Otranto, Polymarket's head of global safety, told CNN the priority is protecting users, while the company partnered with Birches Health to provide addiction therapy resources.
- Gaming lawyer Joshua Kirschner suggested the measures might be a "nod to try to pacify state regulators," while Jonathan Cohen of the American Institute for Boys and Men warned that few users typically utilize such tools.
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Prediction platform Polymarket has introduced new tools to prevent compulsive trading, including voluntary deposit limits, account lockout options, and mental health support.
·Budapest, Hungary
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The Polymarket market forecast startup presented tools to combat consumer compulsive behaviour, including voluntary deposit limits and ... 30.09.2026, PRIM
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Crypto BriefingPolymarket introduces sportsbook-style safeguards amid regulatory scrutiny
Polymarket's legal challenges highlight the tension between state and federal oversight, potentially reshaping the regulatory landscape for prediction markets. The post Polymarket introduces sportsbook-style safeguards amid regulatory scrutiny appeared first on Crypto Briefing .
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Total News Sources35
Leaning Left1Leaning Right1Center29Last UpdatedBias Distribution94% Center
Bias Distribution
- 94% of the sources are Center
94% Center
C 94%
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