Kalshi users under 21 traded $3.9bn on sports contracts this year

Users aged 18 to 20 have traded an estimated $3.9bn on sports-related event contracts on Kalshi in 2026, exploiting a regulatory loophole that treats prediction markets as financial products rather than gambling. State regulators and a coalition of attorneys general are challenging the platform's legal status.

This item was produced with AI assistance under the editorial responsibility of Haydamax OÜ.