IG Group's Secret Plan to Shake Up UK Betting by 2027

Dr. Annelies De Vos · 2026-10-23

So, IG Group—the big name in financial trading—is making a move into the UK gambling scene. They've applied for a license to launch prediction markets in early 2027. And they're not stopping there: they also want to offer contracts tied to financial events for professional clients by late 2026. This could be a game-changer for how we think about betting on everything from sports to politics. ### What Exactly Are Prediction Markets? Prediction markets let you bet on the outcome of future events. Think elections, sports championships, even entertainment awards. It's like fantasy football meets the stock market. Instead of trading shares, you're trading contracts that pay out if your prediction is right. IG Group sees this as a natural extension of their trading platform. ### The Application Details IG Group filed through IG View Limited, a London subsidiary. They're using the trading name "ig prediction markets." The UK Gambling Commission's public register shows they've applied for a remote general betting license. That's the same type of license many online bookmakers hold. If approved, IG Group will be able to offer these markets to UK customers. ### Why This Matters IG Group is a heavyweight in financial trading. They're regulated and have a reputation for innovation. Their entry into prediction markets could bring more legitimacy to the space. It might also pressure existing bookmakers to innovate. Plus, it gives traders a new way to hedge risk or speculate on events. But there are challenges. Prediction markets operate in a gray area in many jurisdictions. The UK Gambling Commission will scrutinize the application carefully. IG Group will need to prove they can handle responsible gambling and compliance. ### What's Next? IG Group plans to launch financial event contracts for professional clients in Q4 2026. That's a testing ground of sorts. Then, if all goes well, the broader prediction markets for sports, politics, and entertainment will follow in early 2027. Keep an eye on this space—it could change how we bet on everything. > "Prediction markets are the next frontier in trading and betting. IG Group's move could be the catalyst that brings them into the mainstream." For now, it's a waiting game. But one thing's for sure: IG Group is positioning itself for a future where the lines between finance and betting blur.