3 May 2026
Lawmakers in the senate have voted unanimously to ban themselves and colleagues from placing trades with prediction market platforms such as Kalshi and Polymarket. The measure is separate from The Bets Off act, which was introduced by the U.S. Democratic lawmakers Senator Chris Murphy and Representative Greg Casar back in March.
Romania’s gambling regulator has increased enforcement against illegal gambling with more site bans, inspections and criminal complaints. The crackdown comes amid wider reform.
Stake.us remains active in much of the US sweepstakes casino market while state-level legal pressure continues to grow. The platform’s restricted-state list has expanded.
The Commodity Futures Trading Commission (CFTC) continues to fight back in its escalating legal battle with state governments over the future of prediction markets by announcing its plans to sue Wisconsin. Last week, Wisconsin had filed civil lawsuits against Coinbase, Crypto.com, Kalshi, Polymarket and Robinhood, alleging their sports-related event contracts violate state gambling laws.
The state of Missouri is eying a betting tax hike after disappointing early returns from its first two months since legalizing online gambling back on December 1, 2025. Its first two months were in the red, in part due to increased promotional activity as sportsbook operators looked to hoover up new customers.
Mexico’s Interior Ministry says 20 court-ordered casino permits issued to Clíe are not active operations. The response follows reports linking the permits to organised crime concerns.
Lawmakers in the UK government are urging a reconsideration of gambling adverts in the country after a lengthy debate in the House of Commons. A cross-party consensus was reached by both the government and opposition, with both agreeing the issue needed to be addressed in response to the expanding unregulated gambling market.
The head of professional referees in Italy, Gianluca Rocchi, has suspended himself amidst an investigation for sports fraud by Milan’s Public Prosecutor’s Office, while VAR supervisor Andrea Gervasoni has also stepped down. Both have been implicated in several incidents that occurred last year.
Ohio lawmakers want a tax and licensing framework ready for sports event contracts if courts let prediction market operators keep offering them. The bill would treat those products like sports betting under state law.
The Commodity Futures Trading Commission (CFTC) is responding to a New York lawsuit brought by Attorney General Letitia James targeting two prediction market businesses by counter-suing. The federal financial regulator is accusing the state of infringing on its mandate to provide oversight on the prediction market sector.
