Indonesia blocks access to the prediction market Polymarket after users place bets online about the possible early end of President Prabowo Subianto’s tenure, according to multiple reports. The coverage links the ban to a market that appeared on Polymarket offering wagers on whether Prabowo would leave office before the end of his term, which spread widely on social media. Indonesia’s communications and digital ministry says the action reflects an ongoing crackdown on online gambling. The ministry states that the government will not allow any form of online gambling in Indonesia and points to the fact that gambling is illegal under Indonesian law. Several outlets describe the move as part of broader regulatory scrutiny of prediction markets and note that Indonesia is among the countries in Southeast Asia to restrict access to Polymarket. Bloomberg and others report that the blocking occurs shortly after the relevant bet gained attention, with authorities citing concerns over gambling and online betting activity. The reports do not indicate that Polymarket made a public response, but they agree on the timing and the ministry’s rationale for the restriction.
Indonesia blocks Polymarket after bets circulate on President Prabowo’s early departure
Indonesia blocks access to the prediction market Polymarket after users place bets online about the possible early end of President Prabowo Subianto’s tenure, according to multiple reports. The covera...
- Indonesia blocks access to Polymarket following bets tied to President Prabowo Subianto leaving office early.
- The triggering market offered predictions on a premature end date of Prabowo’s presidency and circulated widely online.
- Indonesia’s communications and digital ministry says online gambling is not allowed in the country and that gambling is illegal.
- The ban is described as part of Indonesia’s wider crackdown on online betting and gambling-related platforms.
- Multiple outlets say Indonesia is among Southeast Asian countries to restrict Polymarket access.
The ban came on the heels of markets linked to the early departure of Indonesian President Prabowo Subianto.
3 months agoIndonesia 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. “The government will not allow any form of online gambling in Indonesia,” the ministry said in a statement. Ministry official Alexander Sabar late on Friday said Polymarket was...
3 months agoThe country has become the second in Southeast Asia to block access to the controversial prediction market.
3 months agoIndonesia has blocked access to prediction market Polymarket after a bet was opened on its website about a potential premature exit from power of the president.
3 months agoIndonesia blocked Polymarket after users bet on President Prabowo Subianto leaving office early, citing gambling concerns and expanding global scrutiny of prediction markets.
3 months agoIndonesia blocked access to Polymarket, labeling the prediction-market a form of online gambling soon after a bet on the possible early end of President Prabowo Subianto’s tenure circulated widely on social media.
3 months ago
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