Kalshi plans to introduce a “Parent Portal” to curb underage usage

(AsiaGameHub) –   Kalshi, a prediction market platform, has unveiled new measures to restrict minors from accessing its services, including tools that can detect when someone uses a parent’s identification to create an account and upgraded identity verification systems.

Co-founder and Chief Executive Officer Tarek Mansour shared these remarks during the Semafor World Economy conference, walking through how Kalshi is working to close the common loophole many minors use to bypass age restrictions by creating an account with their parent’s personal information.

One of Kalshi’s flagship initiatives is to launch a parent-facing portal that allows individuals to verify whether another party is using their personal data to access the platform without their consent.

Co-founder and Chief Executive Officer Tarek Mansour stated:

We’re rolling out a parent portal where people can submit their identification—even if they have no interest in becoming Kalshi users—to check if their information is being misused. That way, they can confirm if their child is using their ID and take action to address the issue.

This system is designed to operate independently of the platform’s user base, meaning individuals do not need a Kalshi account to check for potential unauthorized use of their information. This approach grants parents greater visibility and control if their identity has been used to bypass age restrictions.

Kalshi is also strengthening its onboarding process by introducing AI-powered facial verification. New users will be required to upload a selfie, which will be compared against the identification they submit.

Mansour explained that the goal is to establish a framework of accountability within trusted social and family circles:

How can we build a system of accountability among friends and family where people can speak up and say, “Hey, you might be going a little too far here”? We want this to be a tool for good, not one that enables excessive behavior.

As it implements these new compliance measures, Kalshi is taking a proactive stance to address underage platform use and increase user accountability. Kalshi also operates within an evolving regulatory environment, and we expect upcoming rulings will impact the regulation of prediction markets in the U.S.