{"id":13809,"date":"2026-08-18T11:39:20","date_gmt":"2026-08-18T10:39:20","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=13809"},"modified":"2026-08-18T11:39:22","modified_gmt":"2026-08-18T10:39:22","slug":"bulgaria-takes-a-step-toward-legalising-prediction-markets","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2026\/08\/18\/bulgaria-takes-a-step-toward-legalising-prediction-markets\/","title":{"rendered":"Bulgaria Takes a Step Toward Legalising Prediction Markets"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Prediction markets look set to rival traditional betting in Bulgaria, with the first deal to launch such an offer locally now officially a fact.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Local online operator <strong>inbet<\/strong> has entered into an agreement with <strong>Predikto<\/strong>, a B2B predictions infrastructure supplier, to leverage its tech stack and power its own proprietary platform that allows for betting on random events.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The integration will bring customers in Bulgaria new real-time betting opportunities, powered by dynamic and event-driven mechanics, with Predikto providing inbet with the underlying technology, pricing and risk-management capabilities needed to deliver real-time data feeds and event-based betting products at scale.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The offer will operate within the scope of inbet\u2019s active online licence under Bulgaria\u2019s gambling framework.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While the exact nature of the events on offer is still unclear, <em>SBC News <\/em>understands that this will be the first instance of a predictions-like platform being launched on Bulgarian soil by an operator regulated by the local authority.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Overall, inbet\u2019s delivery of such a product proves that there is a licensing route for anyone looking to launch a <strong>Polymarket<\/strong>-style platform in the Eastern European country, which so far has remained relatively untapped in terms of similar offers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Stark contrast in licensing routes Bulgaria\u2019s Gambling Act already includes an existing statutory category that lists \u201cgames with betting on random events and betting related to knowledge of facts\u201d as a licensable online offer \u2014 with this now happening in practice through inbet and Predikto.<br><br>However, applicants still need to be mainly licensed as a gambling operator that happens to offer event contracts rather than going for a specific prediction markets licence, as a separate route does not currently exist.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The reception to predictions has been a little more frosty in Europe than in the US \u2014 though it\u2019s not been all fun and games in the latter either, as various state regulators are involved in litigation with <strong>Kalshi<\/strong>, Polymarket, or both.<br><br>Many European countries have restricted access unless prediction platforms gain regulatory approval \u2014 which generally requires them to gain the same license as traditional gambling companies.<br><br>Gibraltar is the only territory in Europe that offers a standalone prediction markets regulatory framework, launched earlier this year.<br><br><strong>ADI Predictstreet<\/strong> \u2014 official predictions partner of the <strong>FIFA World Cup<\/strong> \u2014 is the only platform currently licensed under the new provisions, while <strong>WagerWire<\/strong> has been approved in principle but is yet to be fully licensed by Gibraltar authorities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don\u2019t forget to subscribe to our <a href=\"https:\/\/t.me\/sbceurasia\">Telegram channel!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prediction markets look set to rival traditional betting in Bulgaria, with the first deal to launch such an offer locally now officially a fact. Local online operator inbet has entered into an agreement with Predikto, a B2B predictions infrastructure supplier, to leverage its tech stack and power its own proprietary platform that allows for betting [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":12996,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[5,1,24,564],"tags":[16192,7453,133,17021,46,3477,2699,3034,10960,335,687,10968,15327,17020,62,16583],"class_list":["post-13809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gambling","category-news","category-regulations","category-slider","tag-adi-predictstreet","tag-betting-operators","tag-bulgaria","tag-event-betting","tag-gambling","tag-gambling-regulation","tag-gibraltar","tag-inbet","tag-kalshi","tag-licensing","tag-online-gambling","tag-polymarket","tag-prediction-markets","tag-predikto","tag-sports-betting","tag-wagerwire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - 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