How do you defend these slimey companies? They’re actively running a mob casino and you still have people acting like government is the bad guys here. That doesn’t mean there can’t be better regulation of other markets, but comparing prediction markets to stock markets is a huge stretch.

Equities are underlying collateral. Prediction markets are literally just betting on an outcome, no underlying asset exists.

It's not like equities markets are unregulated, be serious.

Even if it was the same --I think it's not-- you'll need a "SIBE operator license", and cannot do it solo, you have to be an employee of an authorized firm (bank, broker or dealer).

Your comment explains long queues to lottery ticket offices every time I visit Spain:)