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According to Bloomberg, citing sources familiar with the matter, Polymarket has appointed representatives in Japan and is preparing to lobby for the legalization of prediction markets in Japan, aiming to obtain government approval before 2030.
Sources say that Polymarket views Japan as a large untapped business opportunity, with Mike Eidlin in charge of its Japan-related efforts; currently, Polymarket prohibits Japanese users from betting on its website and app due to "regulatory requirements."