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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Prediction Market Index/Legality/Saudi Arabia
Legality by placeMiddle East · Saudi Arabia

Are prediction markets legal in Saudi Arabia, under a total ban?

A plain, dated read on prediction markets and event contracts in Saudi Arabia. All gambling is prohibited under the Kingdom's legal framework, which is based on Islamic law, and online gambling is criminalised and blocked. Information, not legal advice. As of May 2026.

By Morten AndersenFounder and editor · Two decades in advisory, hospitality and mediaEditorial review by Fredrik Filipsson · Last reviewed 20 May 2026

Last reviewed 20 May 2026 · Status as of May 2026 · Information, not legal advice

Headline status
Prohibited
All gambling is prohibited under Saudi law, and online gambling is criminalised and blocked at the network level.
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, all forms of gambling are prohibited in Saudi Arabia, whether land based or online, under a legal framework grounded in Islamic law. Online gambling is additionally criminalised under the cybercrime law, and the national communications regulator blocks gambling websites and applications. Prediction market event contracts that pay out on real money outcomes fall within this prohibition, no licences are available, and there is no legal retail route. Penalties can include fines, imprisonment and asset seizure.

The framework

A complete prohibition, online and offline.

The legal basis
Saudi Arabia's legal system is based on Islamic law, which forbids gambling, known as maysir or qimar. There are no casinos, betting shops or lotteries, and no gambling licences are available for any activity.
as of May 2026
Online gambling
Online gambling is criminalised under the cybercrime law, which covers operating, promoting and facilitating gambling by electronic means.
as of May 2026
Enforcement
The Communications, Space and Technology Commission enforces internet filtering and blocks access to gambling websites and applications, including offshore platforms.
as of May 2026
Penalties
Breaches can attract fines, imprisonment and asset seizure. There is no licensed route and no regulator that authorises this activity.
as of May 2026
Saudi Arabia sits at the strict end of the global map. Its legal system is based on Islamic law, which treats gambling as forbidden, and the Kingdom issues no gambling licences of any kind. There are no casinos, no betting shops and no lotteries. That baseline matters for prediction markets because a real money event contract, where a payout turns on an uncertain outcome, falls squarely within what the prohibition covers. There is no concession, licence or carve out that would let a platform offer these markets to Saudi residents.
The online dimension is handled directly as well. The cybercrime law criminalises operating, promoting or facilitating gambling through electronic means, and the Communications, Space and Technology Commission enforces extensive internet filtering that blocks gambling websites and applications, including offshore venues. For a resident this means both that the activity is unlawful and that access is technically restricted. None of the sixteen platforms we track is available through any legal route in the Kingdom, so this page carries no open account module, in keeping with our rule never to point a reader toward a platform they cannot lawfully use.
A reminder

A contract price is an implied probability, not a prediction. In an exchange model there is no house taking the other side, only other participants, and the price moves as they trade.

Whether a market is legal where you live has no bearing on whether it is a wise place to put money. Read our explainer on how the prices work and our guide to reading prices before you treat any number as a forecast.

Available or licensed route

What a resident can use.

None of the sixteen platforms we track is licensed and openly available to a retail resident here as of May 2026. We do not link to a platform a reader cannot legally use, so there is no open account module on this page.

Not available or contested

The compliant note.

All real money prediction marketsProhibited

Real money event contracts fall within the prohibition on gambling. No licence is available and there is no legal route for a Saudi resident.

Kalshi, Polymarket, Crypto.com and all CFTC or offshore venuesBlocked and unlawful

No platform we track holds any Saudi authorisation, and the communications regulator blocks gambling sites and apps. We do not link readers to any of them.

Play money and forecasting toolsCheck the specific service

A purely play money or reputation based forecasting tool with no real money payout is a different thing from gambling, but services vary and access may still be restricted. Verify the specific service and the current rules yourself.

Saudi Arabia prohibits gambling entirely, so there is no compliant open account route on this page and no affiliate module. We never link a reader to a platform they cannot legally use. This is general information, as of May 2026, and not legal advice.

Regulator and sources
Who to check.

There is no gambling regulator in Saudi Arabia because gambling is prohibited rather than licensed. The relevant authorities are those that enforce the prohibition, including the Communications, Space and Technology Commission, which blocks gambling websites and applications, and the broader criminal framework under the cybercrime law.

Because this is a prohibition rather than a licensing question, the safe reading is clear: there is no lawful retail route. Confirm the current rules through official Saudi sources and qualified local legal advice, and treat any status here as a dated snapshot. We never invent a citation.

A note on risk,

Beyond the legal prohibition, gambling can cause real financial and personal harm. We do not encourage anyone to seek out a restricted or unlawful service. If you or someone close to you is struggling with gambling, please seek support from a qualified local health or counselling service.

Common questions

Saudi Arabia, answered plainly.

Are prediction markets legal in Saudi Arabia?

No. As of May 2026, all gambling is prohibited in Saudi Arabia under a legal framework based on Islamic law, and real money event contracts fall within that prohibition. Online gambling is also criminalised and blocked. This is general information, not legal advice.

Is online gambling specifically illegal?

Yes. The cybercrime law criminalises operating, promoting and facilitating gambling by electronic means, and the Communications, Space and Technology Commission blocks gambling websites and applications, including offshore platforms.

Are there any licensed platforms in Saudi Arabia?

No. Saudi Arabia issues no gambling licences of any kind, and none of the sixteen platforms we track is authorised or available through a legal route in the Kingdom.

What are the penalties?

Breaches of the prohibition can attract fines, imprisonment and asset seizure. Because there is no licensed route, any real money gambling activity is unlawful. Confirm the current position through qualified local legal advice.

Is a play money forecasting tool different?

A purely play money or reputation based forecasting tool with no real money payout is conceptually different from gambling, but services vary and access may still be restricted. Check the specific service and the current rules yourself before relying on this.

Sources and where to check in Saudi Arabia

The status above rests on Saudi Arabia's prohibition of gambling under Islamic law, the cybercrime law and reporting on enforcement. These can change, so verify the current rules through official sources before relying on this.

Status as of May 2026. General information, not legal advice.

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