Polymarket banned in The Netherlands

St.Creed writes: Effective immediately, polymarket, the website where you can bet on predictions, has been banned in The Netherlands. The Dutch Kansspelautoriteit (Games of Chance authority) has declared a weekly fine of 420K euro (maximum 840K euro) unless they cease their activities in the country. The users of the website can also be prosecuted, although that is highly unlikely to happen in normal circumstances.

That there is a limit on the fine does not mean that Adventure One, the company behind polymarket, can pay the fine and continue. It just means that that is the point where other measures will be taken.