Is Polymarket legal in Italy?
No. Italy is on Polymarket's list of 33 restricted countries. Italian users can view markets and data but cannot trade.
Although Polymarket is restricted in Italy, many Italian users bypass this restriction by using a VPN. A VPN changes your apparent location, making it look like you're connecting from a country where Polymarket is available. This violates Polymarket's Terms of Service, but it remains a widely used method. Accounts could be restricted if detected.
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Why is Polymarket restricted in Italy?
Italy's gambling regulator, the Agenzia delle Dogane e dei Monopoli (ADM), maintains a blacklist of unauthorized gambling websites. Prediction market platforms without an Italian gambling license fall under this prohibition.
Additionally, CONSOB (the Italian securities regulator) has authority over financial derivatives, and prediction market contracts could be classified as unauthorized financial products.
Alternatives for Italian users
Italian residents have limited options for prediction market trading. EU-licensed betting exchanges may offer some event-based markets. Decentralized prediction protocols may be accessible but operate in a gray area.
Learn how prediction markets work in our complete guide.
