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Australia ASIC says prediction markets are not in the public interest for retail clients, Complete iGaming reports
- Australia ASIC says prediction markets are not in the public interest for retail clients, Complete iGaming reports — In a Friday release, the Australian Securities and Investments Commission said prediction market contracts have all the features of a bet and share characteristics with binary options, which are prohibited for retail clients in Australia. No prediction market platform is licensed in Australia, and Polymarket is already on the communications regulator blocked gambling website list. (Complete iGaming)
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