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Polymarket and Kalshi have just been declared gambling under New Zealand law, and therefore 'investing' in them is now illegal for New Zealanders. Both companie
by PlunderBunny 8mo ago
Polymarket and Kalshi have just been declared gambling under New Zealand law, and therefore 'investing' in them is now illegal for New Zealanders. Both companies have been ordered to stop providing services to New Zealanders [0]
0. https://www.rnz.co.nz/news/business/587993/why-betting-on-top-online-prediction-markets-is-now-illegal-in-new-zealand https://www.rnz.co.nz/news/business/587993/why-betting-on-to...
- mikestorrent 8mo agoNice job, Kiwis, hopefully that sets a trend, at least in the Commonwealth.
- unmole 8mo ago> the Commonwealth Do you mean Australia or the Commonwealth of Nations?
- mikestorrent 8mo agoI'm a Canadian, so the latter, I guess? I didn't realize people referred to Australia that way.
- Sebguer 8mo agoAustralia's 'full' name is the Commonwealth of Australia. Don't think anyone uses it outside of the region, though, much like no one calls Mexico the 'United Mexican States'.