IG applies for a gambling license; Plus500 acquires a Brazilian broker
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AI-assisted source synthesis · not an independent investigation.
On October 24, 2026, Finance Magnates reported that IG Group had applied for a UK gambling license, planning to offer prediction markets in the UK. The application is still awaiting approval, with a launch targeted for early 2027. Meanwhile, Plus500 agreed to acquire a Brazilian broker, but the report did not disclose the counterparty or specific terms. In addition, Google reopened advertising for CFDs and forex in Denmark and Chile; Capital.com said its UAE clients' trading volume reached $1.06 trillion in the first half of 2026, with stop-loss orders set on 18.3% of trades.
AI-written from reports · updated 3 hours ago
Timeline
Follow the reporting to see the different sides of the story.
- Finance MagnatesWeekly Review: IG Applies for a UK Gambling Licence to Launch Prediction Markets, Plus500 Agrees to Acquire Brazilian Broker
This week, IG Group applied for a UK gambling licence, planning to offer prediction markets in the UK; Plus500 agreed to acquire a Brazilian broker. IG's licence application is still pending approval, with prediction markets planned to launch in early 2027. Google reopened CFD and forex advertising in Denmark and Chile; Capital.com UAE clients traded $1.06 trillion in the first half of the year, with stop-loss orders set on only 18.3% of trades.
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