Young adults under 21 traded $5 billion on Kalshi this year, amid prediction market frenzy

CNN By Marshall Cohen, CNN Washington (CNN) — Young adults between 18 and 21, who are legally barred from most gambling in the US, have traded an estimated $5.4 billion so far this year on the Kalshi prediction market, according to a new CNN analysis. On prediction sites, which have exploded in popularity this year,