PieFed
US-based prediction markets taking bets on Australian elections and Albanese’s word choices
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In other words, we will now have attempted Electoral interference from US Bookmakers as well as mining companies and media moguls.
Don’t you need a US bank account/credit card if you’re going to
bet“invest” with them and see any potential winnings, with those being unavailable without proof of US residence?And? You don’t have to be in Australia to bet on it.
The headline implies that this is a problem with people resident in Australia, and subject to Australian gambling laws, bypassing those laws to gamble en masse on current events in Australia, and somehow using VPNs to do so. Unless there’s some other unspecified loophole, the details sound like there are people in the US and other jurisdictions where these sites legally operate who are using them, and Americans, or Australian citizens resident in the US, placing bets on US sites on Australian politics isn’t something Australian law has any jurisdiction over, and a VPN won’t get you into the US financial system.
It does nothing of the sort. All it does is say what is happening on a betting site.
The betting site bets on all sorts of non-American things, that doesn’t mean it’s not only for American residents.
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This is too easy:
and my personal favourite that has to be a winner:
mistah speaka mistah speakah the right honourable minister has his head up his bumhole