Prediction Market Volumes Hit $24 Billion as ADI Predictstreet Secures Gibraltar Approval for Expansion Beyond Football
Global regulated prediction market monthly trading volume has surged from under $5 billion in September 2025 to about $24 billion in April 2026. ADI Predictstreet received permission from Gibraltar regulatory authorities to expand its platform beyond football. The company announced the approval on 2 July 2026 after a review of its performance since its initial licence on 26 March 2026.
The move lets the platform introduce new event categories once the FIFA World Cup 2026 ends. It arrives against a German regulatory investigation and broader European warnings that underscore the compliance hurdles ahead.
Gibraltar Clears Expansion Into New Categories
ADI Predictstreet plans to progressively introduce prediction markets covering additional sports, entertainment, culture, weather, and selected political events. The platform uses a peer-to-peer, order-book structure distinct from traditional fixed-odds betting. The company says this advances its aim to let individuals forecast real-world outcomes through regulated, transparent markets.
Dimitrios Psarrakis, chief executive of ADI Predictstreet, said: “While sport was the ideal place to introduce our prediction market platform to a global audience, our ambition has always been to build one where people can participate in forecasting the events that shape our world — from sport and entertainment to culture, weather and beyond.”
Psarrakis added that passing the first regulatory phase in Gibraltar “validates both our platform and our approach to responsible innovation.”
Nigel Feetham, KC MP, Gibraltar’s Minister for Justice, Trade and Industry, reiterated government support. He said: “When Gibraltar licensed ADI Predictstreet, we saw an opportunity to lead the development of a new regulated sector founded on innovation, integrity and consumer protection.”
Feetham added that the World Cup partnership had delivered “global recognition” and demonstrated “how forward-looking regulation can create entirely new markets.” This type of approval de-risks certain integration paths even if full European access remains elusive.
Partner Network Drives Distribution
ADI Predictstreet routes its product through regulated partners. The list includes Kalshi for broader global reach, Matchbook across the United Kingdom, Ireland and Brazil, and DAZN for in-stream integration.
In the United States the company operates a co-branded FIFA World Cup Hub with Fanatics Markets available across 23 US states and four territories. The actual prediction contracts are offered by Crypto.com | Derivatives North America through Fanatics Markets. ADI Predictstreet acts as FIFA partner for co-branding, which extends visibility more than direct regulated access.
The platform runs on ADI Chain, built with ZKsync’s Airbender zero-knowledge proof technology. It is described as the first consumer-facing application deployed on that infrastructure. This setup lets the company scale distribution without owning every licence outright.
German Investigation Reveals Enforcement Gaps
The expansion news lands while Germany’s Gemeinsame Glücksspielbehörde der Länder investigates ADI Predictstreet’s World Cup advertising. Regulators are examining whether pitch-side LED boards and broadcast-visible branding breached German gambling advertising law and whether German users could access the services.
ADI Predictstreet holds no licence in Germany. After the probe began the platform geo-blocked German users and now displays a blocked-access message. A GGL spokesperson told German outlet Redaktionsnetzwerk Deutschland that as a result of the supervisory measures and the official intervention, the provider has since reacted and blocked access to its service for users from Germany.
This sequence shows a practical limitation. One approval does not insulate against enforcement elsewhere. Geo-blocking becomes the immediate operational fix when local rules clash with global product ambitions.
European Regulatory Fragmentation Persists
Gibraltar remains the only European jurisdiction to have directly licensed a prediction market operator. It used existing gambling licence categories while a dedicated framework develops for 2026. Malta is considering its own bespoke regime.
Wiztech Group chief executive Yoni Sidi cautioned against reading too much into the head start. “Gibraltar’s move matters more as a signal than as a passport,” Sidi said. “It doesn’t give you access to France, Germany, the Netherlands or Sweden.”
France and the Netherlands have enforced against platforms such as Polymarket. Nine European regulators including Germany, Italy, Poland, Spain, Switzerland, France and the Netherlands issued a joint statement warning operators over consumer protection risks. Those cited risks include illegality, fund blocking, fraud through insider information, and financial volatility.
According to reporting by European Gaming this tension defines the current European picture for the sector.
What Scaled Expansion Requires Next
The Gibraltar approval gives ADI Predictstreet a validated base from which to broaden its scope. At the same time the German probe and the nine-regulator warning demonstrate that European growth demands separate compliance plans in every market. Operators cannot treat one licence as a regional passport.
For sports tech partners and those structuring event contracts in the US the Fanatics Markets co-branding approach offers a lower-direct-risk template. It delivers presence across multiple states without the platform assuming full local operator obligations. Volumes at $24 billion monthly suggest the category is past the experimental stage.
The data shows rapid adoption colliding with fragmented rules. Platforms that treat each jurisdiction as its own compliance exercise and maintain transparent order-book mechanics will hold the stronger position as more categories come online. The next twelve months will reveal which operators convert regulatory signals into durable distribution.
Reporting: ADI Predictstreet wins Gibraltar approval to expand beyond football (europeangaming.eu)
