SectorWire
Menu

Feed / Regulation

Australia warns prediction markets lack financial-exchange licences

By SectorWire desk ·

Summary

Australia warned that prediction markets lack financial-exchange licences and that users should expect losses. ASIC provides consumer financial guidance through its government-backed Moneysmart website.

Why it matters

The warning tells users prediction markets lack Australian financial-exchange licences and may produce losses.

Entity mapAustraliaASIC
Entities and relations reported in this entry and our coverage.

Request a correction / right of reply

Connected stories

Linked through shared companies, regulators and people, or one step further through the graph.

ShareLinkedInX