Polymarket files a lawsuit with The Hague Court requesting the revocation of the Dutch injunction

Polymarket has filed a lawsuit with The Hague Court, requesting the revocation of the ban imposed by the Dutch Gaming Authority and the restoration of market access. The Dutch Gaming Authority identified Polymarket as an unlicensed gambling platform in February and ordered it to cease its services, with a fine of 420000 euros imposed for exceeding the deadline. Polymarket has argued to the court that its event contracts are close to financial products such as futures and should be regulated by the Financial Market Authority. (Source: Financial Daily)