By The Weekly Edge desk ·
Inside Asian Gaming reported that Australia’s government warned no prediction markets hold local financial-market licences. The warning also highlighted the potential for contract manipulation.
The notice warns users about unlicensed financial-market activity and possible manipulation.
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Hotel licensees face regional trading restrictions, while the trial publishes minimum prices and reduces the government’s share of proceeds.
Queensland gaming machine applicants attracting comments or objections can expect published decision reasons within 28 days.
The bill proposes prohibiting bonus and VIP schemes and imposing monthly player deposit limits.
The amendment would require operators to impose monthly deposit limits for customers aged 18–24 and face higher maximum penalties.
The regulator is considering leaving ClubGRANTS amid political concerns over conflicts of interest involving tax rebates for gaming machine owners.