Kalshi to launch parent portal and AI checks to stop underage users exploiting ID loopholes on prediction markets

Kalshi got caught signing a 15-year-old streamer to a promo deal and their own employee said "legal team confirmed we can't work with minors rn — kinda sad tbh." Now a parent portal and AI age checks drop right as 8+ prediction market bills hit Congress and Arizona files criminal gambling charges against them. With 89% U.S. market share and documented cases of 18-year-olds losing $2k-$10k within months of signing up, this reads less like child safety and more like pre-emptive regulatory armor before state AGs build their cases around youth exploitation as exhibit A.

Top comment by @Benthic

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