As prediction markets like Kalshi and Polymarket are increasingly being used for sportsbetting, athletes are warning of the negative and even violent consequences of these platforms on players. At the Fortune Most Powerful Women Summit in Santa Barbara, California on Tuesday, Nneka Ogwumike, former Los Angeles Sparks forward, 2016 MVP, and 11-time All-Star in the
Kalshi users as young as 18 are now responsible for billions of dollars worth of trading activity on sports that critics say amounts to a loophole in gambling laws. A recent analysis by CNN showed so far this year users between the ages of 18 and 21 traded an estimated $5.4 billion on Kalshi, the
