ADI Predictstreet Launches UAE's First Football Prediction Market Platform Under Gibraltar 2025 License
Updated
Updated · wired.me · Jun 19
ADI Predictstreet Launches UAE's First Football Prediction Market Platform Under Gibraltar 2025 License
3 articles · Updated · wired.me · Jun 19
Summary
ADI Predictstreet has gone live in the UAE during the 2026 World Cup, offering what it calls the region’s first football prediction market where users trade positions on match results, player performances and tournament outcomes.
Unlike a fixed-odds sportsbook, the platform says it matches users in a marketplace where prices move with supply, demand and sentiment, and positions can be sold before an event ends.
The launch still lands in a regulatory gray area: UAE gaming regulator GCGRA defines sports wagering broadly, and legal experts say regulators may judge the activity by its economic substance rather than its label.
ADI says classification varies by jurisdiction and that it operates under a Gibraltar betting intermediary license issued under the Gambling Act 2025, even as global debate continues over whether prediction markets are gambling, financial products or a separate category.