Singapore | When is a bet not a bet? Prediction markets and Singapore's gambling laws (Part 1)

Prediction markets have surged in prominence following the 2024 U.S. presidential election, but their legal status remains uncertain. In this first instalment of a two-part series, we examine how Singapore's Gambling Control Act 2022 may apply to event-based contracts and explore the often-blurred line between speculative betting and legitimate investment hedging.

Read more here.