Wire Markets is looking to become only the second operator to secure licence approval under Gibraltar’s prediction market framework
Wire Industries, the parent company of WagerWire, has received approval in principle to establish Gibraltar as its international base for prediction market operations.
The initial approval for the company’s subsidiary, Wire Markets, supports the company’s planned rollout strategy, with an initial launch aiming for around the start of the 2026 season for the NFL and major international football leagues.
“This is a transformational opportunity for WagerWire to fully realize our mission,” said WagerWire CEO Zach Doctor. “For years, we’ve built products that challenge the status quo by introducing greater flexibility, liquidity, and control into traditional sports betting, and Wire Markets represents a natural extension of that vision.
“We feel a strong alignment with Gibraltar’s vision and its longstanding reputation as the gold standard in international gaming regulation. The jurisdiction’s commitment to thoughtful innovation creates a powerful foundation for growth, and we’re excited about the opportunity to build from Gibraltar as we pursue a global vision for the future of prediction markets.”
The Honourable Nigel Feetham KC MP, Minister for Justice, Trade and Industry of Gibraltar, commented: “Gibraltar has long been recognized as a leading jurisdiction for innovative and responsibly regulated gaming businesses. We welcome applications from companies that prioritise transparency, compliance and technological innovation.
“WagerWire’s application is being viewed favourably at this stage, subject to the completion of the relevant due diligence, assessment processes and regulatory requirements. We look forward to continuing our engagement with the company as that process progresses.”
Founded in 2019 and based in Los Angeles, WagerWire operates a secondary marketplace for online sports bets and fantasy sports entries. This allows bettors to treat their active sports wagers like a portfolio of tradable assets, letting them buy and sell bets before a game or season officially ends.
Gibraltar’s first prediction market licence was recently granted to ADI PredictStreet, the official prediction market partner of FIFA World Cup 2026, which went live this week.