‘We’re concerned’: US-based prediction markets taking bets on Australian elections and Albanese’s word choices (opens in new tab)

Regulators and gambling harm advocates have been closely watching the rise in popularity of Polymarket and KalshiGet our , or 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 monitoring the , which operate financial exchanges where...