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Eighteen-year-old Jackson Semenas operates an automated trading system across offshore prediction markets, which are banned in Australia, from his Sydney bedroom.
Sydney, Australia
Who
Jackson Semenas, Australian Communications and Media Authority (ACMA), Polymarket, Kalshi
What
Eighteen-year-old Jackson Semenas operates an automated trading system across offshore prediction markets, which are banned in Australia, from his Sydney bedroom.
When
Wed, 10 Jun 2026 19:37:59 GMT · 3h 0m ago
Where
Sydney, Australia ·
Why
Australians are officially barred from accessing these markets under gambling regulations, but young individuals like Semenas are using VPNs to bypass these restrictions.
The Frontline Impact
How this affects you
Banned prediction markets are attracting young Australians who use virtual private networks to access them, raising concerns among regulators and ethicists about the associated behavioral and financial risks, despite users seeing them as a new financial frontier.
Story chain
1 event in this threadNo related history yet — this is the origin event.
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