The measure, ordered by local courts, is already in effect and results from a lawsuit initiated by the Buenos Aires City Lottery (LOTBA) and the Argentine Chamber of Casinos and Bingos (CASCBA), which complained that Polymarket operated as an unregulated betting platform in the country.
As a consequence, the courts ordered ENACOM, the National Communications Entity, to “implement the necessary actions through Internet service providers” to ban nationwide access to the site, as Polymarket has no authorization in any province.
In addition, Apple and Google will be ordered to eliminate access to the apps on their main app stores for users in Argentina.
FAQ Why is Polymarket banned in Argentina? Local courts blocked the platform for operating as an unregulated gambling site without mandatory user identity checks. How is Argentina enforcing the Polymarket ban? The government ordered national internet service providers to block website access and requested its removal from mobile app stores. What specific event accelerated the Polymarket lawsuit in Argentina? The ban followed suspicious trading activity that indicated a possible insider leak regarding Argentina’s February inflation data. Will other Latin American countries ban Polymarket? While Argentina is the first Latam country to implement a ban, Brazil is actively debating similar prediction market regulations.
