General information, not financial, investment, legal, tax or betting advice · Prediction markets carry risk of loss · 18+ or the legal age in your region
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Legality by placeArgentina

Are prediction markets legal in Argentina, after the court order?

A federal court ordered a nationwide block of Polymarket in March 2026, classing it as unlicensed gambling. Argentina also licenses gambling province by province rather than nationally.

By Morten AndersenFounder and editor · Two decades in advisory, hospitality and mediaEditorial review by Fredrik Filipsson · Last reviewed 7 May 2026

Last reviewed 7 May 2026 · Status as of May 2026 · Information, not legal advice

Headline status
Blocked by court order
A March 2026 federal court order blocked Polymarket nationwide as unlicensed gambling.
Information, not advice. This page is general information, not financial, legal, tax, or betting advice. Prediction markets carry a real risk of loss. You must be 18+ or the legal age in your region.
Quick answer

As of May 2026, prediction markets are restricted in Argentina, and the leading venue has been blocked. In March 2026 a federal court in Buenos Aires ordered a nationwide block of Polymarket, classifying it as unlicensed gambling under Article 301 bis of the Penal Code, and directed the telecom regulator ENACOM to enforce the block through internet providers. Apple and Google were ordered to remove the app from Argentine stores. Argentina has no single national gambling regulator, since licensing is handled province by province.

The framework

A court order, and provincial licensing.

Headline position
Polymarket has been blocked nationwide by court order as unlicensed gambling. There is no national prediction market licence.
as of May 2026
Legal basis
A Buenos Aires federal court relied on Article 301 bis of the Penal Code, which addresses unauthorized gambling, to order the block in March 2026.
as of May 2026
How it is enforced
The telecom regulator ENACOM was directed to enforce the block through internet providers, and the app was ordered removed from Argentine app stores.
as of May 2026
Regulatory structure
Argentina licenses gambling at the provincial level, for example through LOTBA in the City of Buenos Aires, rather than through one national regulator.
as of May 2026
How the rules apply

How the block came about.

Argentina does not regulate gambling through a single national agency. Licensing is handled at the provincial level, so the City of Buenos Aires runs its own framework through the body known as LOTBA, while other provinces run theirs. Prediction markets have no licence under any of these provincial systems, which left platforms like Polymarket operating outside the authorized market.

That came to a head in March 2026. A federal court in Buenos Aires ordered a nationwide block of Polymarket, classifying it as unlicensed gambling under Article 301 bis of the Penal Code. The court directed the national telecom regulator, ENACOM, to enforce the block through internet providers, and ordered Apple and Google to remove the Polymarket app from their Argentine stores. Prosecutors had described the platform as a hidden online betting system that took wagers without a licence, identity checks, or age limits.

The case escalated after suspicious trading around Argentina's February 2026 inflation data, when a large sum was reportedly placed on the correct figure shortly before the official statistics agency, INDEC, released it. Argentina became one of a growing number of countries to restrict Polymarket. For an Argentine resident, the position as of May 2026 is that the leading prediction market is blocked, these products are treated as unlicensed gambling, and there is no authorized route to use them.

Platforms and this market

No licensed route for a Argentina resident.

No prediction market holds an Argentine licence, and the leading venue is blocked by court order. The platforms below are listed for context, not as authorized options for an Argentine resident.

KalshiNot available

Kalshi is a United States designated contract market overseen by the CFTC and is built around United States access. It is not licensed for gambling or financial services in Argentina and offers no licensed route to residents there. See the Kalshi profile.

PolymarketNot licensed

Polymarket is a crypto settled prediction market that operates without a gambling licence in Argentina. Reachability through a browser or app is not the same as legal availability. See the Polymarket profile.

Crypto.com Sports and EventsNot available

The Crypto.com event contract product is a United States CFTC listed offering and is not licensed for residents of Argentina. Read the Crypto.com Sports and Events profile.

Positions are as of May 2026 and can change. We link to a platform only where it is genuinely available to a reader. A blocked service is not a legal one.

Regulator and sources
Where to check.

Argentina licenses gambling at the provincial level rather than nationally, and in March 2026 a federal court ordered a nationwide block of Polymarket as unlicensed gambling. Confirm the current position with the relevant provincial regulator and ENACOM before relying on anything here.

  • Reporting that a Buenos Aires federal court ordered a nationwide block of Polymarket in March 2026 under Article 301 bis of the Penal Code.
  • Coverage of ENACOM enforcing the block through internet providers and the app removal from Argentine stores.
  • Reporting on the February 2026 INDEC inflation trading that escalated the investigation.

Status as of May 2026. We never invent a citation, and where a position is contested we mark it as contested.

A note on risk,

Reaching a blocked or unlicensed service does not make it safe or legal, and recovering funds can be hard. Prediction markets can lose you money. Stake only what you can afford to lose, never to chase a loss, and never on borrowed money. If gambling stops feeling like a free choice, step back and seek support from a problem gambling service in your country.

Common questions

Argentina, answered plainly.

Are prediction markets legal in Argentina?

No, not as offered by the blocked venue. As of May 2026 a federal court has blocked Polymarket nationwide as unlicensed gambling, and there is no national prediction market licence. This is general information, not legal advice.

Why was Polymarket blocked in Argentina?

A Buenos Aires federal court classified it as unlicensed gambling under Article 301 bis of the Penal Code in March 2026, and directed ENACOM to enforce a nationwide block through internet providers.

Who regulates gambling in Argentina?

There is no single national regulator. Gambling is licensed province by province, for example through LOTBA in the City of Buenos Aires.

What triggered the case?

Scrutiny grew after suspicious trading around Argentina's February 2026 inflation data, when a large bet was reportedly placed on the correct figure shortly before the official release by INDEC.

Why is there no open account option here?

Because the leading prediction market is blocked and these products are treated as unlicensed gambling for an Argentine resident. We only show an open account or compare path where a platform is genuinely available to you.

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