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Prediction Markets and the 18-Year-Old Gamble | Jersey News
Prediction markets like Polymarket and Kalshi are exploding in popularity, letting 18-year-olds bet on everything from politics to celebrity gossip—bypassing traditional gambling age limits. But controversy’s mounting: critics call it modern insider trading, with some states cracking down, while the federal government’s stance is split. Influencers and ads are luring teens and young adults who can’t legally gamble on sports, raising alarms about predatory targeting and lack of risk awareness. As legal battles rage over legality, money laundering, and consumer protection, this fast-moving…
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