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Sports BettingiGaming Today · Aug 31

British Columbia Declares Prediction Market Trading Is Gambling

By Chidubem OvuteAugust 31, 2026

The brief

British Columbia’s gambling regulator has stepped in to make its position clear on prediction markets. Last Friday, the Independent Gambling Control Office (IGCO) announced that event contracts tied to sports or entertainment outcomes are not financial products but gambling, and must be regulated under the Criminal Co…

Original report

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