Australian regulators are monitoring US-based prediction market platforms that are hosting bets on Australian elections, Reserve Bank decisions, and specific words Prime Minister Anthony Albanese may say in Parliament.
Australian regulators are closely watching US-based prediction market platforms such as Kalshi and Polymarket. These platforms allow users to purchase shares in contracts linked to the outcomes of various events, including Australian elections and statements by Prime Minister Anthony Albanese in Parliament. Despite their availability, these platforms are not authorized by Australian regulators and do not adhere to...
