u/Educational_Rent_520

Australia is apparently setting up a national register where you can opt out of gambling ads online instead of having to change the setting separately on every platform.

Kind of surprised this isn't already a thing.

If someone has decided they don't want to see betting ads anymore, making them hunt through the settings of every app seems unnecessary.

I'd probably want this for other ad categories too tbh.

I don’t think it’ll change anything for crypto casinos targeting Australian users on VPN however.

Source: Australian Government / ABC News

Polymarket is reportedly in early talks to raise around $1 billion at a valuation of more than $20 billion.

For perspective, the company was valued at about $15 billion in its previous funding round just a few months ago.

Prediction markets have gone from a relatively niche corner of crypto to platforms where people trade on everything from elections and economic data to sports and breaking news.

But $20 billion is serious territory.

The interesting part is that this growth is happening while prediction markets are still dealing with questions around regulation, insider information and where exactly the line between trading and gambling should be drawn.

So what do you think investors are really valuing here?

The technology and data?

The enormous potential market?

Or simply the belief that prediction markets are going to become a normal part of how people follow major events?

Would you value Polymarket at $20B+?

Source: CNBC / Bloomberg / Reuters