Not All of Kalshi’s Biggest Users Can Legally Gamble. They Traded $5 Billion This Year
As the prediction market faces lawsuits and regulatory scrutiny nationwide, a new report from CNN finds that an age group mostly barred from gambling in the U.S. has been using Kalshi this year.
As the prediction market faces lawsuits and regulatory scrutiny nationwide, a new report from CNN finds that an age group mostly barred from gambling in the U.S. has been using Kalshi this year.
BELLINGS Intelligence Score: 15
Why it matters
Kalshi's $5 billion trading volume is notable but primarily reflects business activity in a niche prediction market facing regulatory scrutiny; it does not materially affect credit markets or broader financial conditions.
Sources
Inc.
Not All of Kalshi’s Biggest Users Can Legally Gamble. They Traded $5 Billion This Year
As the prediction market faces lawsuits and regulatory scrutiny nationwide, a new report from CNN finds that an age group mostly barred from gambling in the U.S. has been using Kalshi this year.