Gambling: Regulation
Commons · Question 117415 · Tabled 3 Mar 2026 · Department for Culture, Media and Sport · Official record
Answered 12 Mar 2026
Question
Asked by Daisy Cooper
To ask the Secretary of State for Culture, Media and Sport, whether prediction markets will be regulated by the (a) Gambling Commission and (b) Financial Conduct Authority.
Answer
Answered by Ian Murray, 12 Mar 2026
In order to operate in Great Britain, any prediction market would require a licence from the Gambling Commission, the independent regulator for gambling. If approved, they would be classified as a ‘Betting Intermediary’ and subject to regulation under the...