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Polymarket in Benin

Accessible: not geoblocked and no Beninese action against Polymarket found.

Polymarket statusNot geoblocked by Polymarket
National positionGrey area: no specific rule
RegulatorLoterie Nationale du Bénin (LNB, state monopoly); BCEAO (crypto, WAEMU-wide)
Last reviewed23 October 2026

The legal situation in Benin

Polymarket does not geoblock Benin, and no Beninese action against it was found. Gambling runs through the state-backed Loterie Nationale du Bénin under a 2004 monopoly law. Online games made up 68% of LNB's revenue in 2025, but its profit fell 36% that year, which it blamed on unlicensed betting sites. No site-blocking campaign was reported. The regional central bank, BCEAO, says crypto is neither currency nor regulated.

Key facts

  • The LNB holds a state monopoly under a 2004 law and is listed on the BRVM exchange.
  • May 2026: LNB reported a 36% fall in 2025 net profit, citing unregistered betting sites; no blocking measures were reported.
  • Online gaming made up 68% of LNB revenue in 2025.
  • May 2026: BCEAO set up a committee (C-CRYPTO) to draft WAEMU crypto rules; crypto remains unregulated.
  • No Polymarket-specific action found.

Getting started in Benin

Polymarket does not geoblock this country, but that is not the same as a local licence. Check the national position above, then follow our guides to sign up, deposit and place a trade. Profits may be taxable locally; keep records of every trade.

Sources

General information, not legal advice. Check the regulator's own website before acting.

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Frequently asked questions

Is Polymarket legal in Benin?

Accessible: not geoblocked and no Beninese action against Polymarket found.

Can I use a VPN for Polymarket in Benin?

No. Using a VPN to reach Polymarket from a restricted location breaks its terms of service and can lead to frozen accounts. It may also break local law.