TLDR Wire Industries, parent of WagerWire, received approval in principle for a Gibraltar prediction market license Wire Markets becomes only the second prediction market licensed in Gibraltar, after ADI Predictstreet The platform plans to launch in fall 2026 with sports contracts, then expand to pop culture, weather and economic markets WagerWire is building a “sell-it-now” button that lets bettors instantly exit positions using its prediction market as a hedge Gibraltar’s license is seen as a “passport” for expansion into Latin America, Africa, Asia Pacific and parts of Europe
WagerWire co-founders Travis Geiger, Zach Doctor and Guy Dotan started with a simple idea: let bettors trade their sports wagers like commodities. Five years later, that idea has grown into a plan to build a global prediction market.
Wire Industries, the parent company of WagerWire, announced this week that Gibraltar has approved in principle a license for Wire Markets to operate a peer-to-peer prediction market. The approval makes Wire Markets only the second prediction market licensed in the British Overseas Territory.
The first was ADI Predictstreet, owned by the Abu Dhabi royal family and named the official prediction market of the upcoming FIFA World Cup. That license came in March 2026.
Gibraltar’s Minister for Justice, Trade and Industry, Nigel Feetham KC MP, confirmed the approval. He said WagerWire’s background in liquidity, price discovery and consumer choice made it a suitable applicant.
Why Gibraltar
The founders see the Gibraltar license as more than just permission to operate in one small territory. They believe it carries “portability” — meaning regulators in other markets tend to view it favorably.
Geiger said the license could act as a “passport” to operate across Latin America, Africa, Asia Pacific and parts of Europe. The connection to Gibraltar came through an advisor who heard the founders