Investigation Exposes ADI Predictstreet Ownership Ties to IHC and Abu Dhabi Royals Despite Initial Denials
Gambling Insider investigation links ADI Predictstreet to IHC via subsidiaries and directors despite initial denials of Abu Dhabi royal involvement. The firm secured a Gibraltar license in nine days before its FIFA Series role and has leadership ties to Qatargate and a settled insider trading case. IHC, chaired by Sheikh Tahnoon bin Zayed Al Nahyan, holds $238 billion market cap.
SCCG Take — Rapid licensing and sports partnerships demand stricter ownership disclosure. This case shows regulators and operators risk credibility when transparency lags commercial momentum in prediction markets.
A Gambling Insider investigation details how ADI Predictstreet initially denied links to International Holding Company and the Abu Dhabi royal family. Corporate records, public statements and director profiles show otherwise. The company became the official prediction markets partner for the FIFA World Cup 2026 and holds a multi-year FIFA agreement.
ADI Predictstreet was incorporated on March 17, 2026. It secured a Gibraltar Betting Intermediary license nine days later. The platform appeared as presenting partner at the FIFA Series 2026 starting March 25, before the license issued on March 26. Gibraltar officials later described the process as involving concentrated focus due to the World Cup timeline.
Ownership Chain Running Through IHC Subsidiaries
Predict Street Limited operates ADI Predictstreet and holds the Gibraltar license. It is a subsidiary of Finstreet, itself a subsidiary of International Holding Company. Sheikh Tahnoon bin Zayed Al Nahyan chairs IHC, which has a market capitalization of $238 billion and is controlled by the Abu Dhabi royal family through its Royal Group stake. Tahnoon also chairs the Abu Dhabi Investment Authority.
Directors of Predict Street Limited are Akshay Kumar Mahajan and Sunidhi Pasan, both UAE residents and co-founders of Finstreet, plus Gibraltar barrister Andrew Peter Montegriffo. The ADI Foundation code repository and website state it was founded by Sirius International, the digital arm of IHC. Ajay Bhatia, listed as ADI Predictstreet principal council member, is CEO of Sirius International Holding.
Due Diligence Questions and Leadership Backgrounds
Dimitrios Psarrakis, ADI Predictstreet CEO, worked eight years with Greek politician Eva Kaili and co-authored a book with her. Kaili faces charges in the Qatargate scandal involving alleged Qatari influence on the 2022 FIFA World Cup. Psarrakis set up a crypto lobbying group with Kaili two months before her arrest but stated he had not worked with her for two years prior. No evidence links Psarrakis to any wrongdoing.
Bhatia settled insider trading charges brought by India’s Securities and Exchange Board of India in September 2025. He paid INR 1,04,87,903 ($108,973), accepted a six-month trading ban, and admitted no wrongdoing. The matter involved trades ahead of IHC investments.
ADI Predictstreet’s retained PR firm Teneo first denied any royal family involvement. It later attributed the statement to confusion and said the company is working to become an independent entity, while acknowledging connections through Sirius and Finstreet but no direct royal role. Gibraltar Minister Nigel Feetham KC and Gambling Commissioner Andrew Lyman defended the licensing speed as consistent with economic priorities and focused scrutiny.
The reporting by Gambling Insider leaves open whether the initial guarded posture reflects regulatory optics ahead of high-profile sports partnerships or deeper concerns about ownership transparency in a sector still establishing its rules.
Reporting: Gambling Insider
Generated by SCCG’s automated editorial system from published source reporting. SCCG Management holds editorial responsibility.
Fast-track licensing and FIFA deals collided with murky ownership disclosures — transparency gaps this wide erode operator and regulator credibility alike.
We've seen this movie before: sports rights move faster than due diligence, and regulators scramble to catch up. When a $238 billion sovereign-linked conglomerate operates through subsidiaries and initial denials don't match corporate filings, every operator and platform in prediction markets inherits reputational risk by association.
- ADI Predictstreet: Gibraltar license in 9 days, FIFA partner launch before license issued
- Corporate records trace ownership to IHC (Sheikh Tahnoon, $238B market cap) via Finstreet and Sirius subsidiaries
- Leadership includes CEO tied to Qatargate figure, principal with settled insider trading case
SCCG angle: SCCG has guided clients through Gibraltar, UK, and EU licensing for fifteen years and maintains direct relationships with regulators and integrity advisors across every tier-one jurisdiction. When ownership structure or speed-to-market raises flags, we help operators perform the independent due diligence and craft the disclosure protocols that protect partnerships and licenses before headlines hit.
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