Prediction market Kalshi to give $2m to problem gambling group as it fights ‘gambling’ label
Kalshi, a prediction market platform, has announced a $2 million investment to the National Council on Problem Gambling (NCPG) to support trader health and safety initiatives. The company maintains that it is not a gambling platform, despite operating in a space that has drawn comparisons to traditional gambling. This partnership aims to address concerns about risky behaviors associated with prediction markets as they gain popularity in the U.S.
- ▪Kalshi is investing $2 million in the National Council on Problem Gambling over two years.
- ▪The funding will support initiatives focused on trader health and safety.
- ▪Kalshi claims to operate like a derivatives market, not a gambling platform.
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A Kalshi billboard displaying New York City mayoral election odds in New York on 27 October 2025. Photograph: Michael Nagle/Bloomberg via Getty ImagesView image in fullscreenA Kalshi billboard displaying New York City mayoral election odds in New York on 27 October 2025. Photograph: Michael Nagle/Bloomberg via Getty ImagesThe big betUS newsPrediction market Kalshi to give $2m to problem gambling group as it fights ‘gambling’ labelKalshi announces two-year investment to National Council on Problem Gambling ‘focused on trader health and safety’Anna Betts in New YorkMon 18 May 2026 14.53 EDTLast modified on Mon 18 May 2026 14.58 EDTSharePrefer the Guardian on GoogleThe prediction market Kalshi, which maintains it is not a gambling platform, has announced plans to give $2m to the National…
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