Prediction Markets Bet on Jimmy Lai's Release Amid Legal Uncertainty in Hong Kong

Over US$68,000 has been wagered on prediction market platforms regarding the potential release of jailed media tycoon Jimmy Lai, raising questions about the legality of such markets in Hong Kong.

11 Apr, 01:30 — 11 Apr, 01:30

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hk-free-pressMostly Factual2d ago

Legality of prediction markets unclear in Hong Kong, as bets on Jimmy Lai release exceed US$68k

US$68,844 (HK$539,268) has been bet on prediction market platform Polymarket as to whether jailed media tycoon Jimmy Lai will be released by July. The wager is among several other predictions relating to Hong Kong, China and Taiwan, though it is unclear if platforms like Polymarket and others are legal. Hong Kong police were unable to […]

By Tom Grundy

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Prediction Markets Bet on Jimmy Lai's Release Amid Legal Uncertainty in Hong Kong

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Legality of prediction markets unclear in Hong Kong, as bets on Jimmy Lai release exceed US$68k

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