At the start of 2026, the KSA officially blacklisted Polymarket for ‘offering unlicensed gambling services’ to Dutch consumers, warning its parent company Adventure One with financial repercussions if the prediction markets platform did not block access to its services locally by 17 February.
While Polymarket subsequently complied with the order, in May, the KSA notified Adventure One that it will still go through with its warning due to Polymarket officially withdrawing on 18 February.
The official notice was publicised by the gambling authority in June, with the KSA adding that it will now move towards recovery/enforcement actions as the penalty had not been paid by Adventure One.
Adventure One then responded, saying that it had already begun working on the block on 18 February, and that while the block testing phase ‘still allowed access to the s..