According to sources familiar with the matter, global prediction market platform Polymarket has appointed Mike Eidlin to lead its efforts in Japan as it prepares to lobby for government authorization by 2030. The New York-headquartered firm currently

2026-05-22

According to sources familiar with the matter, global prediction market platform Polymarket has appointed Mike Eidlin to lead its efforts in Japan as it prepares to lobby for government authorization by 2030. The New York-headquartered firm currently blocks Japan-based users due to strict domestic gambling laws, but it sees the country as a major untapped business opportunity. While Japan's Penal Code strictly punishes unauthorized gambling, exceptions exist for government-regulated markets, and the country plans to open its first legal casino resort in 2030. Ahead of formal approval, Polymarket plans to grow its local presence organically via social media, where its Japanese X account already has over 53,000 followers.