2 May 2026
Brazil has declared prediction markets illegal and started blocking platforms that offer them. The move draws a harder line around what can operate under the country’s betting and financial rules.
A U.S. Army Special Forces soldier has been charged after prosecutors said he used classified information on the Maduro operation to profit on Polymarket. The case marks an early test of how U.S. authorities will police event-contract trading.
India will begin enforcing new online gaming rules on 1 May under a framework that blocks online money games. The system gives lighter treatment to e-sports and most social games.
Japan is widening its crackdown on illegal online gambling by targeting affiliates, payment channels, and other local intermediaries.
The Philippines has issued new inter-agency rules to tighten enforcement of its POGO ban. The playbook is designed to stop illegal networks from resurfacing through shell firms, money channels, and leftover compounds.
The future of Malta’s contentious Bill 55 was brought into question by a top European Union (EU) official this week, who called the measure inconsistent with established EU laws. Advocate General of the European Court of Justice (ECJ), Nicholas Emiliou, challenges Malta’s use of public policy to block foreign judgments.
New Zealand has cleared the way for the legalization of online casino gambling after a bill passed its third reading in parliament this week. It is the final phase of deliberation of the bill by lawmakers, which is now set for Royal Ascent. It is expected to become law by May.
Three political candidates have been banned from Kalshi after placing trades pertaining to their own campaigns. The company accused each of “insider trading” in a statement released on Wednesday, 22nd April. Prediction markets have been under increasing pressure from lawmakers throughout the US.
The Dutch regulator has changed the Cruks self-exclusion process to make registration easier for court-appointed administrators. The update is aimed at protecting financially vulnerable players more quickly.
New York Attorney General Letitia James has sued Coinbase and Gemini over prediction market products she says amount to illegal gambling. The state is seeking to block the offerings unless they are licensed.
