Australia’s corporate regulator cast doubt on the notion that prediction markets for retail clients are in the public interest, arguing the contracts have “all the features of a bet.” The statement stops short of a formal ban and came a day after ASIC Chair Sarah Court told senators that no prediction market operator has applied […]
Source: https://news.bitcoin.com/igaming/australia-casts-doubt-retail-prediction-markets-calls-them-bets/
