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Indonesia bans Polymarket for gambling on president's term

By PulseAugur Editorial · [1 sources] ·

Indonesia has banned Polymarket, a predictions market platform, classifying it as an online gambling service. The ban follows the opening of a bet on when the country's president, Prabowo, would leave office. Indonesian authorities stated that the platform violates laws against online gambling and speculation on inconclusive events. AI

RANK_REASON Regulatory action against a platform that facilitates predictions on political events.

Read on SCMP — Tech →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Indonesia bans Polymarket for gambling on president's term

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Regulatory action against a platform that facilitates predictions on political events.
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Only one publisher covered this so far. Single-source stories can still rank when the publisher is high-authority, but they lack cross-source corroboration.
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policy, other
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Low
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122 days old
Aged out of breaking-news scoring windows; ranking reflects the durable signal from the full source set.

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COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Reuters ·

    Indonesia bans Polymarket following bets on Prabowo presidency end date

    Indonesia has blocked predictions market ⁠Polymarket as part of its crackdown on online gambling, its communications and digital ministry said, days after the site took bets on a premature end to Prabowo Subianto’s presidency. Gambling is illegal in Indonesia and authorities have…

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