Analysts: College students and teenagers may be driving explosive growth in the prediction market
Analyst Barry Jonas believes that the 18-20 age group in the United States (who have not yet reached the legal gambling age in most states) could be an important contributor to market growth. Data from HoldCrunch shows that trading volume on the prediction platform Kalshi for college football has surpassed that of the NFL (National Football League) and NBA. In states where online sports betting is legal, the age limit is typically 21 and older. However, Kalshi and Polymarket are open to those aged 18 and above (with certain states having specific regulations regarding sports and certain trades)
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