The Guardian
UK · 4 hrs ago
✦ 75◉ Centre
‘We’re concerned’: US-based prediction markets taking bets on Australian elections and Albanese’s word choices
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Quality 75/100
Partisan intensity 35/100
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◉ Centre ✓ Fair headline
US-based prediction market platforms are accepting bets on Australian elections and specific details about the prime minister's parliamentary statements, prompting concern from Australian regulators and gambling advocates.
‘We’re concerned’: US-based prediction markets taking bets on Australian elections and Albanese’s word choices
Regulators and gambling harm advocates have been closely watching the rise in popularity of Polymarket and Kalshi
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US-based “prediction market” websites are taking tens of thousands of dollars in bets on Australian elections and even specific words the prime minister, Anthony Albanese, says in parliament, with gambling harm advocates and the wagering lobby raising alarm.
Australian financial and media regulators said they were monitori
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