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Cryptoprowl.com / Argentina has become the latest country to ban Polymarket as a backlash against prediction markets spreads around the globe.

The government in Argentina has ordered a nationwide block on Polymarket after a Buenos Aires court found the platform was operating without local approval.

The court also ruled that Polymarket exposes users to gambling-related risks and is an unhealthy and financially dangerous activity

The ruling directs internet providers across the country to block access to the Polymarket site and its domains, according to local media reports.

The Argentine government has also ordered both Apple (NASDAQ: $AAPL ) and Google (NASDAQ: $GOOGL ) to remove Polymarket's mobile apps for users in the South American country.

Prediction markets such as Polymarket are platforms that allow users to bet on anything and everything, from sports events and Oscar winners to elections and economic news.

The legal case against Polymarket was instigated by the City of Buenos Aires Lottery and supported by casino operators in Argentina who see prediction markets as competitors.

However, the government also objected to users of Polymarket betting on the country's inflation figure and other economic data that has been released in recent months.

Officially, Argentina says it is banning Polymarket in order to safeguard consumers.

Argentina is the latest in a growing list of countries to ban Polymarket as a worldwide backlash against prediction markets spreads.

More than 30 countries, including France, Germany, Italy, Australia, Ukraine and Poland have already banned or restricted Polymarket in their jurisdictions.

Many people object to the fact that Polymarket lets users bet on the outcome of political and economic events, including wars, saying it encourages gambling addiction.

Polymarket is privately held and its stock does not trade on a public exchange.