Inside the booming betting markets Australia has banned

Jackson Semenas runs an automated trading system from his bedroom — profiting from markets Australians are legally barred from accessing. While the Australian Communications and Media Authority found that prediction markets are a prohibited and unlicensed regulated interactive gambling service under the Interactive Gambling Act 2001, and requested ISPs block access in Australia, a spokesperson told The Feed it's not illegal to circumvent geo-blocking — and young Australians are slipping past with cheap VPNs. #predictionmarkets #gambling