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Polymarket included in list of illegal Australian gambling sites

Australia’s web service suppliers (ISPs) have been issued directions to dam a number of unlawful playing websites, together with Polymarket.

The Australian Communications and Media Authority (ACMA) introduced, as a part of an replace, that these websites have been in breach of the nation’s playing laws.

Polymarket is included within the Australian IP betting ban record

Polymarket is likely one of the largest names in prediction market betting the world over. As we reported, platforms like Polymarket and Kalshi are dominating the US predictions market in 2025.

Prediction markets enable bettors to stake on something from election outcomes to climate patterns and a number of novelty bets. Polymarket lately introduced that the corporate was “coming dwelling,” in accordance with the founder, Shane Copland, as a part of a takeover deal involving QCEX.

So will probably be a shock to the system that Polymarket has been deemed an “unlawful playing” website by the ACMA. The Australian Authorities’s playing regulator acknowledged on their official website that the prediction platform is in breach of the nation’s Interactive Gambling Act 2001.

Polymarket formally banned in Oz

The ACMA is “reminding shoppers that even when a service seems to be respectable, it’s unlikely to have vital buyer protections. This implies Australians who use unlawful playing companies danger shedding their cash.”

The websites concerned within the watchdog’s latest motion embrace Polymarket, Slot Mafia, Spinanga, and High Aussie Pokies. The regulator posted to social media on the record of lately banned websites:

This isn’t the primary time a nation has clashed with a predictions supplier, neither is it the primary time Polymarket has been concerned.

Thailand moved to blocklist the site at the beginning of the 12 months (January 2025), and an official assertion defined the suspension was to “forestall the general public from falling sufferer to on-line playing and to cease the usage of cryptocurrency in unlawful actions, which may result in extreme financial and social impacts.”

Singapore was fast in banning the platform, with the nation’s Playing Regulatory Authority saying that Polymarket was an “unlawful playing web site.”

The AMCA has acted since November 2019 to take motion, corresponding to blocking websites that battle with the nation’s laws. From this time, 1,296 unlawful and regarding websites have been blocked or instructed to be blocked by the regulator.

In accordance with the discharge, “220 unlawful companies have additionally pulled out of the Australian market for the reason that ACMA began implementing new unlawful on-line playing guidelines in 2017.” So it stays to be seen if Polymarket will battle the ban or turn into a kind of firms that leaves the oceanic area.

Featured picture credit score: ACMA.

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