Italy’s sports minister Andrea Abodi told a Senate committee that tackling illegal betting linked to criminal activity is a government priority. He said stronger control and prevention tools are needed, while also addressing separate matters concerning sports rules and youth athletes.
The stated enforcement priority may shape government attention to illegal betting and related criminal activity.
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The CFTC’s enforcement director David Miller said policing fraud, abuse and manipulation in prediction markets is an agency priority. He said the agency has investigated and may have open investigations involving candidates trading on contracts tied to their own elections, but declined to discuss specific midterm cases. Two separate insider-trading cases involving prediction-market trades remain pending, and both defendants deny wrongdoing.
Insider trading in prediction markets ranks among the enforcement priorities of the Commodity Futures Trading Commission, according to David Miller, the agency's director of enforcement. Miller, who took the enforcement division post this year after CFTC Chairman Michael Selig appointed him, said his division's focus is on fraud, abuse and manipulation. He recalled that before his appointment, people were uncertain about whether insider trading and market manipulation rules and laws reached prediction markets.
Reportedly, Brazil’s Secretary of Prizes and Betting, Daniele Cardoso, identified tackling illegal betting as a secretariat priority. She discussed enforcement challenges and methods during an appearance on SBT News programme Podnews.
Christian Hochgrebe took over as chair of the GGL board on 1 July, succeeding Sandro Kirchner, and identified evaluation of Germany’s 2021 Gambling Treaty as a key priority. He said the review will assess player protection, addiction prevention, action against illegal offers and channelling; its final report is expected by the end of 2026, after which Germany’s states may consider changes.
Nevada’s First Judicial District Court granted the Nevada Gaming Control Board a 14-day temporary restraining order against Kalshi, requiring it to block sports, entertainment and election contracts in the state. The order runs until 3 April, when a further hearing is scheduled; Kalshi said it disagreed with the restrictions and would comply while contesting them.
Brazil’s Ministry of Finance issued an ordinance making banks, financial institutions and payment institutions jointly liable for taxes owed by unlicensed fixed-odds betting operators after formal notification. The SPA and Federal Revenue Service must give notified institutions 24 hours to restrict transactions; advertisers of unlicensed betting operations may also face liability without prior notice.