Weekly Review: IG Seeks UK Gambling Licence; Plus500 to Acquire Brazilian Broker
By Tareq Sikder
AI summary of the source article
IG Group has applied for a UK gambling licence to offer prediction markets, while Plus500 agreed to acquire a Brazilian broker. Separately, Google updated its advertising policy to permit contract for difference campaigns in Denmark and Chile.
Why it matters
The revised policy "creates an opportunity for eligible brokers to advertise these products through Google in both markets."
Key facts
- IG Group applied for a UK gambling licence via subsidiary IG View Limited to launch prediction markets in early 2027.
- Google updated its financial products policy to permit CFD and rolling spot forex advertising in Denmark and Chile starting October.
- Capital.com reported its UAE clients generated $1.06 trillion in trading volume during the first half of 2026.
Source excerpt · Finance Magnates
The retail trading industry saw developments across regulation, market access, acquisitions and customer acquisition this week. IG Group moved closer to offering prediction markets in the UK, while Plus500 agreed to buy a Brazilian broker as it continued expanding its multi-asset business. Google also revised its advertising policy for contracts for difference in two markets, potentially reopening…