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Germany’s gambling regulator, Gemeinsame Glcksspielbehrde der Lnder (GGL) has opened an legit investigation into the selling operations of Abu Dhabi-backed prediction market ADI Predictstreet in accordance with RND.

ADI Predictstreet made high-profile selling appearances on pitchside selling boards within the course of the football World Cup, even supposing it does not enjoy a German gambling license.

The corporate used to be issued with a gambling middleman licence in Gibraltar earlier this twelve months and the operator used to be moreover named FIFA’s legit prediction market partner for the 2026 World Cup, yet does not withhold a license for providing gambling companies and products in Germany.

The regulator is therefore investigating whether or not the selling actions drop inside the scope of gambling regulations and whether or not, essentially based thoroughly on the company’s appearances within the World Cup announces, this violates the ban on the selling of gambling companies and products from services that manufacture not withhold a German license.

Besides, GGL is moreover taking a see into whether or not the German population can access ADI Predictstreet’s products.

The prediction market operator, within the meantime, denied focused on Germany. A spokeswoman rapid the RND it used to be attributable to a world sponsorship and media rights bundle.