Millions are being wagered on largely unregulated overseas prediction platforms, even on low-profile cricket matches. A T20 Spring Challenge game drew over $350,000 in bets on Kalshi, while a Sydney Sixers match saw $476,000. Legal experts and law enforcement meet in Melbourne this week to address the threat to sports integrity.
Unregulated Prediction Markets Raise Integrity Fears in Australian Sport
Source: theguardian.com