2 May 2026
The prediction market sector is facing fresh scrutiny after suspiciously-timed trades were made on the outcome of a USA-Iran ceasefire on several platforms. More than $170 million was traded on Iran and USA agreeing to a ceasefire in the hours before the two nations found some common ground. On April 7.
Gauteng’s recent court ruling did not create a nationwide ban on online gambling in South Africa. The judgment instead clarified that bookmakers in the province cannot offer fixed-odds bets on casino-style games.
Kalshi remains blocked in Nevada after a state judge extended the temporary restraining order and signaled a longer injunction is coming.
Washington is trying to send its lawsuit against Kalshi back to state court, arguing the case raises only state gambling and consumer protection claims.
A bill in Mexico is increasing the punishment for individuals caught in the act of match-fixing, with prison sentences introduced and additional fines and bans also a possibility for perpetrators. The legislative process has begun in Mexico’s Chamber of Deputies, with the proposal sent to the Justice Commission for consideration.
Lithuania looks set to introduce physical cards for gamblers in an effort to better monitor player activity and prevent the manifestation of addiction taking hold in its society. The measure, announced by Lithuania’s Ministry of Finance, will mandate that all bettors carry a physical identification card.
Brazil has launched a national policy against match-fixing, adding a new integrity layer to its regulated betting market.
Tribal gaming groups are stepping up their fight against prediction markets as legal and political pressure grows.
Finland has opened the first licence window for its new gambling market, with outside operators due to go live in 2027.
Kentucky has sent a wide gambling bill to Gov. Andy Beshear after narrowing its earlier language on prediction markets.
