ASIC says prediction markets are unlicensed in Australia as NFL Melbourne game draws US fans
As the Los Angeles Rams and San Francisco 49ers prepare to play the first regular-season NFL game in Australia at the MCG, US prediction market Kalshi is off-limits to people in Australia. According to the report, ASIC has reiterated that prediction markets are not licensed as financial markets here, and Kalshi lists Australia among the countries where its users are prohibited from trading.
3d ago