Reuters: Indonesia blocks Polymarket over online gambling concerns after bets on president’s exit. “Indonesia has blocked predictions market Polymarket as part of its ​crackdown on online gambling, its communications and digital ministry ‌said, days after the site took bets on a premature end to Prabowo Subianto’s presidency.”

Just what we need… NOT!
Prediction markets, yes the same ones that seem to be made for insider trading by ‘those in the know’ in the Thump administration & others, betting on such wholesome [irony] ‘predictions’ as whether a country will bomb another country soon, & other fun topics. 😐

It’s not like Aussies as a whole don’t already have a gambling problem:
“Australians lose $32 billion on legal forms of gambling each year, more per capita than anywhere in the world.”

https://www.abc.net.au/news/2026-05-27/effort-to-make-prediction-markets-available-to-australians/106671606

#AusPol #USPol #gambling #predictionMarkets #insiderTrading #Corruption

David Pocock criticises ‘bonkers’ situation facing podcasters over gambling ad reforms
By Josh Taylor Technology reporter

Independent senator said Labor’s plan, which could require podcasts sponsored by betting companies to produce two versions of each program, is ‘totally unworkable’

https://www.theguardian.com/australia-news/2026/may/27/labor-gambling-reform-podcasters-podcasts-david-pocock-response

#Gambling #Australianpolitics #Australianews #DavidPocock #Podcasts #Advertising #Laborparty #JoshTaylorTechnologyreporter

David Pocock criticises ‘bonkers’ situation facing podcasters over gambling ad reforms
By Josh Taylor Technology reporter

Independent senator said Labor’s plan, which could require podcasts sponsored by betting companies to produce two versions of each program, is ‘totally unworkable’

https://www.theguardian.com/australia-news/2026/may/27/labor-gambling-reform-podcasters-podcasts-david-pocock-response

#Gambling #Australianpolitics #Australianews #DavidPocock #Podcasts #Advertising #Laborparty #JoshTaylorTechnologyreporter

Betting on war is not an option in Australia. Prediction markets could change that
By Myles Houlbrook-Walk

Kalshi and Polymarket have gone from obscure start-ups to two of the world's biggest prediction markets where users bet on yes-or-no questions spanning politics, pop culture and war.

https://www.abc.net.au/news/2026-05-27/effort-to-make-prediction-markets-available-to-australians/106671606

#Gambling #MylesHoulbrookWalk

David Pocock highlights ‘bonkers’ situation facing podcasts over gambling ad opt-out – video
By Guardian Staff

Live-read sponsorships on podcasts would be included in proposed online advertising restrictions to gambling ads, officials confirmed in Senate estimates, which independent senator David Pocock said would be a 'bonkers' situation requiring podcasters to upload multiple versions of a podcast. Under the proposed restrictions, streaming platforms can only have gambling ads for users who are over 18 and have logged in and must allow users to opt out of seeing or hearing such advertisements, in order to prevent children hearing those ads

https://www.theguardian.com/australia-news/video/2026/may/27/senator-david-pocock-on-gambling-podcast-ad-rules

#DavidPocock #Gambling #Australianpolitics #Australianews #GuardianStaff

Since placing his first bet at age 15, Dylan says he's lost at least $900k gambling
By Anastasia Safioleas

From footy tips to Taylor Swift bets, teenagers are being lured into gambling. Almost 34 per cent of Australian teenagers gamble and everyone from teachers, experts, to the young people themselves are sounding the alarm.

https://www.abc.net.au/news/2026-05-27/underage-gambling/106649686

#Gambling #Sport #Education #Teenagers #Parenting #MentalHealth #AnastasiaSafioleas