Polymarket draws $161M in bets on France despite nationwide block
- —30 France-focused markets have drawn $161.2M in cumulative bets
- —The 2027 presidential market alone accounts for $155.6M, or 96% of the total
- —Le Pen rose to 46.4% (+8 points in a month); Philippe fell to 18%
- —Open interest in French markets is $4.3M, with $4.8M traded in the past week
Why it matters: The case shows geo-blocks do not stop global prediction markets from monetizing traffic from banned jurisdictions.
Source: Journal du Coin