Miraima Spurs Japan Prediction Markets With ¥10,000-a-Month Voucher Payouts
Updated
Updated · Bloomberg · Jun 29
Miraima Spurs Japan Prediction Markets With ¥10,000-a-Month Voucher Payouts
2 articles · Updated · Bloomberg · Jun 29
Summary
Seven-month-old Miraima is helping open Japan’s prediction-market scene by letting users bet on real-world events and redeem winnings as shopping vouchers rather than cash.
That structure aims to skirt Japan’s strict anti-gambling rules, echoing the indirect reward model used by the country’s $100 billion pachinko industry to stay legal.
Users say the format is already gaining traction: one IT engineer in his 20s said he earns more than ¥10,000 a month in points, mostly by wagering on soccer matches.
The shift suggests Japan, long a no-go zone like China and South Korea, may be starting to join the broader rise of platforms such as Polymarket and Kalshi.