Indonesia blocks Polymarket over online gambling concerns after bets on president's exit

Indonesia has blocked the prediction market Polymarket. This action is part of a wider crackdown on online gambling. Polymarket was reportedly taking bets on the premature end of President Prabowo Subianto's term. Indonesian authorities classify Polymarket as an online gambling platform. The ministry stated its activities violate Indonesian law. Polymarket has expressed a commitment to engaging with Indonesian authorities.