Kalshi opens gambling to young adults
(CNN)– New analysis shows young adults barred from most U.S. gambling operations are trading billions on Kalshi.
Most state-regulated casinos and sports-books require participants to be 21 or older.
The minimum age for the Kalshi prediction market is 18.
Analysis shows people between those ages have spent more than $5 billion on the platform this year.
Most of that involves sports betting.
A Kalshi spokesperson says 18 to 21-year-old users represent about 3% of the company’s trading volume.
