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The Economic Times
The Economic Times
Technology

Indonesia blocks Polymarket over online gambling concerns after bets on president's exit

Indonesia has ​blocked predictions market Polymarket as part of its ​crackdown on online gambling, its communications and digital ministry said, days after the site took bets on a premature end to Prabowo Subianto's presidency. Gambling is ‌illegal in ⁠Indonesia ⁠and authorities have been clamping down on online betting.

Ministry official Alexander ​Sabar in a statement late on Friday said Polymarket was classified by Indonesia ​as an online gambling platform and its activities "contain betting and speculation over events that are inconclusive", therefore violating Indonesian law.

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