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Spain blocks prediction markets Polymarket, Kalshi over lack of gambling licence

reuters.com

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Re: Spain blocks prediction markets Polymarket, Kalshi over lack of gambling licence

#541

Post by debugnik »

TZubiri wrote: post #540
debugnik wrote: post #535

Earlier quoted context omitted.

Please point out where in my comment it says that's my position. If the courts decided Cloudflare has to be banned, let it be banned. But so far they haven't had a trial, much less a sentence. We're just enabling a private company to interfere with the services of another, which represents a huge part of the internet even if we don't like it, simply because the former claims the trade-off is necessary and acceptable.…

>But so far they haven't had a trial, much less a sentence. Wrong, here's a sentence with reference to the original case. https://www.iberley.es/jurisprudencia/sentencia-civil-juzgad... I apologize if this sounds rude, but it just sounds like you aren't familiar with the case or the subject matter at all, please perform some research if you want to make claims about what ought to be.

Bullshit, that sentence just enables LaLiga and Telefonica to interfere with hosts like Cloudflare, which I claim is an excessive measure before a trial against them. It does not claim that Cloudflare is breaking the law, and Ctrl+F "Cloudflare" just shows one hit about Encrypted Client Hello.

Here's the list of companies that actually were sued here, to let them block:

> 1.Vodafone España, S.A.U. 2. Vodafone ONO, S.A.U. 3. MASORANGE Orange Espagne, S.A.U. 4. DIGI SPAIN TELECOM, S.L.U. 5. TELEFÓNICA ESPAÑA, S.A.U. 6. TELEFÓNICA MÓVILES ESPAÑA,S.A.U.

I apologize if this sounds rude, but it just sounds like you aren't familiar with the case or the subject matter at all, please perform some research if you want to make claims about what ought to be.

And now more seriously, I've got a right to think the court's decision is wrong even if it's legal, get over it.

Re: Spain blocks prediction markets Polymarket, Kalshi over lack of gambling licence

#542

Post by nyeah »

LanceH wrote: post #534
nyeah wrote: post #273

Earlier quoted context omitted.

Not sure I get the joke. Should "we're crooked" be a defense against illegal gambling charges?

Who would the charges be against? The person who violated some trust, or the market maker? I could be pretty neutral on the market maker, really. The point of a prediction market is to put information to use. There may be some line to be drawn on such markets, but that line really isn't drawn. There are just vague gestures that it is both gambling and not gambling due to insider information. If you wanted to regulate…

>not gambling due to insider information.

I can't make this argument work at all. Gambling with some cheating is still gambling.

Re: Spain blocks prediction markets Polymarket, Kalshi over lack of gambling licence

#543

Post by sebastiennight »

chadgpt3 wrote: post #524
echelon wrote: post #469

Earlier quoted context omitted.

> But a lot of the people who end up causing destruction do so because there's some problem affecting them that's not being dealt with. I think solving the socioeconomic, geopolitical, and religious tensions that lead to plane hijackings is a much harder problem to solve than simply putting doors on cockpits and forcing people to do body scans.

How do you stop the hijacker blowing up the TSA queue instead?

Well that's easy, just add metal detectors and a pat-down at the entrance of the airport, before people queue up for TSA!

Re: Spain blocks prediction markets Polymarket, Kalshi over lack of gambling licence

#544

Post by TZubiri »

debugnik wrote: post #541
TZubiri wrote: post #540

Earlier quoted context omitted.

>But so far they haven't had a trial, much less a sentence. Wrong, here's a sentence with reference to the original case. https://www.iberley.es/jurisprudencia/sentencia-civil-juzgad... I apologize if this sounds rude, but it just sounds like you aren't familiar with the case or the subject matter at all, please perform some research if you want to make claims about what ought to be.

Bullshit, that sentence just enables LaLiga and Telefonica to interfere with hosts like Cloudflare, which I claim is an excessive measure before a trial against them. It does not claim that Cloudflare is breaking the law, and Ctrl+F "Cloudflare" just shows one hit about Encrypted Client Hello. Here's the list of companies that actually were sued here, to let them block: > 1.Vodafone España, S.A.U. 2. Vodafone ONO, S.…

>And now more seriously, I've got a right to think the court's decision is wrong even if it's legal, get over it.

I just feel my personal opinions on the subject matter almost zero, especially since I'm not involved in the dispute, nor a citizen of either country. If you are american you are somewhat compelled, but I think that jurisdictionally, they have sovereignity, which is much harder to deny. Like even if you think the case itself and the sentence are wrong, ok, I get it. But I think we should compartimentalize and respect the venue, I don't think even cloudflare is arguing against the venue, claiming somehow that the US courts are proper for the case. But I could be wrong.

> It does not claim that Cloudflare is breaking the law

Right, I read that there was no trial or sentence at all. The linked trial was not claimed against Cloudflare at all, but the sentence does compel CloudFlare and refers to other several summons for CloudFlare (I read somewhere that it totals more than 100).

Here's a recent story I found on the CEO being personally sued on criminal charges:

>https://www.advanced-television.com/2026/03/04/spain-court-s...

Can't speak a lot on this specific case, but I personally wouldn't want to step into a country that sues me criminally. This is somewhat permissible for CloudFlare since it is a security company, so it probably isn't the first time they have had such an issue. But still, this is definitely not nothing.

What seems correct is that Cloudflare itself has not yet been the defendant of a civil suit for damages yet. But to be fair, they went straight for criminal charges, which to my estimation is way more decisive (and appropriate).

EDIT: Cloudflare is a defendant along with the CEO. With some nuances on terminology due to the common/civil, but I believe defendant is an accurate translation of "investigado"

Re: Spain blocks prediction markets Polymarket, Kalshi over lack of gambling licence

#545

Post by abustamam »

nilamo wrote: post #536
abustamam wrote: post #293

Earlier quoted context omitted.

Kalshi supposedly does not pay out if a death is involved https://xcancel.com/mansourtarek_/status/2029996077554815268 Not sure if Polymarket does the same. Also not sure if I really trust these people to be the arbiter of morality and adhere to their own rules when it doesn't benefit them.

So if you kidnap them, hold them in a bunker for a month, then release them, it will pay out. That's probably a positive thing for the world somehow, right?

I can't see how that can ever backfire /s

Re: Spain blocks prediction markets Polymarket, Kalshi over lack of gambling licence

#546

Post by dzhiurgis »

daemin wrote: post #410
dzhiurgis wrote: post #388

Earlier quoted context omitted.

Ok, who are insiders for these bets: * What price will Bitcoin hit in May? * SpaceX IPO closing market cap above ___ ? * Highest temperature in Amsterdam on May 26? * Presidential Election Winner 2028

1) Anyone at a company trading in bitcoin. 2) SpaceX employee or board member. 3) Anyone with a blow drier that knows which weather monitoring station is used. 4) Campaign insider that can sabotage their candidate's chances of winning.

You are absolutely clueless.

Re: Spain blocks prediction markets Polymarket, Kalshi over lack of gambling licence

#547

Post by daemin »

BeetleB wrote: post #516
daemin wrote: post #407

Earlier quoted context omitted.

Him placing the bets or a co-conspirator placing the bets and sharing the profit is the same thing. He is effectively betting on himself saying those words which he then goes on to say. I'm pretty sure this is the same as match or race fixing to get the payout from bets made.

> Him placing the bets or a co-conspirator placing the bets and sharing the profit is the same thing. So we're in agreement that if he is not profiting from saying it, then it's OK, correct? > I'm pretty sure this is the same as match or race fixing to get the payout from bets made. If my friends make a bet that I will/won't do something, and I choose to make one side win, that is not match fixing. I'm sure match fix…

Depends how you count profiting from it, if you only count direct monetary profit, or if you count things such as favours to be profit.

There has to be some motivation for people to do such random things, and even if not directly illegal, they do smell rather fishy and unethical.

T hen again crypto isn't known for its bastion of legality and morality, therefore I would assume there are some deals going on in the background which are probably illegal, and if not that then unethical - not that they would care about that.

Re: Spain blocks prediction markets Polymarket, Kalshi over lack of gambling licence

#548

Post by BeetleB »

daemin wrote: post #547
BeetleB wrote: post #516

Earlier quoted context omitted.

> Him placing the bets or a co-conspirator placing the bets and sharing the profit is the same thing. So we're in agreement that if he is not profiting from saying it, then it's OK, correct? > I'm pretty sure this is the same as match or race fixing to get the payout from bets made. If my friends make a bet that I will/won't do something, and I choose to make one side win, that is not match fixing. I'm sure match fix…

Depends how you count profiting from it, if you only count direct monetary profit, or if you count things such as favours to be profit. There has to be some motivation for people to do such random things, and even if not directly illegal, they do smell rather fishy and unethical. T hen again crypto isn't known for its bastion of legality and morality, therefore I would assume there are some deals going on in the back…

> or if you count things such as favours to be profit.

There needs to be evidence of such a thing, no?

> There has to be some motivation for people to do such random things, and even if not directly illegal, they do smell rather fishy and unethical.

I have motivation. If people are placing stupid bets on me, I sure as heck want them to suffer for it.

I'm sure some people view a CEO doing this as unethical, but I fully support it. Whoever lost money on that bet had it coming.

Of course, my preference is both sides losing money, but we can't have everything.

Speaking of ethics: There is a reason why betting and gambling are categorized under "vices". If you make any bet on things out of your control, the questionable ethics begins with you. Don't put it on a third party who was not involved in crafting the bet.

I believe in some jurisdictions, private bets are not legally enforceable (i.e. if I make a bet with you and lose, it is my legal right to refuse to pay). There's a good reason for that!

Re: Spain blocks prediction markets Polymarket, Kalshi over lack of gambling licence

#549

Post by wunderlotus »

somenameforme wrote: post #243
amelius wrote: post #15

Earlier quoted context omitted.

Someone should place a bet on the lifespan of the polymarket founders.

Users can't create markets on Polymarket, they're all created by Polymarket itself.

Which is another reason why they should be regulated as a gambling operation. It’s akin to odds making.

Re: Spain blocks prediction markets Polymarket, Kalshi over lack of gambling licence

#550

Post by somenameforme »

wunderlotus wrote: post #549
somenameforme wrote: post #243

Earlier quoted context omitted.

Users can't create markets on Polymarket, they're all created by Polymarket itself.

Which is another reason why they should be regulated as a gambling operation. It’s akin to odds making.

They play no role whatsoever in defining the odds, those are completely driven by users on the markets in question.
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