Catherine Long

A variety of lawmakers have proposed legislation that would restrict trading on prediction markets by government officials.

The reason that we started getting into this is because people age 18 and up can trade on prediction markets.

Most states prevent people who are under 21 from gambling on things like online sportsbooks.

And that creates an opportunity for prediction markets to sign up new users who are between 18 and 21.

It's a three-year window where they can really attempt to dominate the market.

Polymarket has said that its collaboration with student groups help it to gain insights about its platform and its products.

And as of this taping, Kalshi has not yet responded to our request for comment.