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Portugal regulator SRIJ orders Polymarket to halt operations after 4 million euro election betting surge
- Portugal regulator SRIJ orders Polymarket to halt operations after 4 million euro election betting surge — Portugal's gambling regulator SRIJ said Polymarket is illegal under national rules that limit online gambling to licensed sports betting, casino games and horse racing, not political event markets. More than 4 million euros was wagered on Polymarket presidential markets before results, with Seguro's odds rising from about 60 percent to about 95 percent before polls closed. (GambleRss)
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