The Gibraltar Gambling Commissioner has issued the first-ever license for a prediction market operator in Gibraltar, marking a landmark development in the jurisdiction's gambling regulatory framework. The licensed operator, Jungle, is now authorized to provide regulated prediction market services within Gibraltar's legal regime. This milestone positions Gibraltar as a leading jurisdiction to embrace and regulate emerging gambling-related business models such as prediction markets. The licensing signals growing regulatory recognition of the prediction market sector and opens opportunities for operators seeking oversight and legitimacy in this space. The recent approval underscores Gibraltar's commitment to innovation in gambling regulation while ensuring compliance with local gambling laws.