Sports BettingGamblingNews · 3h ago
ASIC Issues Warning – Prediction Markets Not Reliable for Financial Activity
By Mike Johnson•August 5, 2026
The brief
The Australian Securities and Investments Commission (ASIC) has issued a warning on its consumer protection website regarding prediction markets. Specifically, a cautionary notice was shared on Moneysmart, an online resource that the Australian Government operates to help citizens make smarter decisions about their mo…
Original report
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