Hungary Enforces Nationwide Block on Prediction Platform
In a recent move, Hungary's regulatory authority, Szabályozott Tevékenységek Felügyeleti Hatósága, has imposed a temporary block on a major prediction market platform, including its primary domain and all associated subdomains. The action follows allegations that the platform was facilitating gambling activities without proper authorization, in violation of national laws.
The restriction is currently active, with no set end date until the regulatory review concludes. Users within Hungary now encounter a government-issued warning message instead of the platform’s content when attempting access.
Access Cut Off, Debate Over Digital Jurisdiction Grows
- Full inaccessibility reported across the country
- All subdomains and related services are also blocked
- Regulators reaffirm zero tolerance for unlicensed gambling operations
- Action sparks conversation on cross-border online platform governance
This development underscores Hungary’s firm stance on digital financial services. While prediction markets are often framed as information tools, local regulators continue to classify them under gambling frameworks. The long-term implications for similar platforms remain uncertain.