Written Question·Department for Culture, Media and Sport·UIN 117415

Gambling: Regulation

Tabled: 3 March 2026

Answered: 12 March 2026

Question

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

Ian Murray

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...

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