Kalshi is making a two-year, $2-million investment into the National Council on Problem Gambling (NCPG).
Key Takeaways
- Kalshi is the first member of the new initiative.
- The NCPG’s subcategory will help promote education and awareness of trading risks.
- Kalshi CEO says his company is “deeply committed” to setting a new standard for responsible trading.
The investment is intended to support a strategic initiative focused on trader health and safety. In doing so, the NCPG has established a new membership subcategory for Kalshi.
The membership subcategory of the NCPG will promote responsible trading education and awareness on the financial sector’s products, such as cryptocurrency, equities, options, futures, and prediction markets. These tools provide consumer protections as prediction markets explode across the U.S. and raise concerns of similar risks as sportsbooks and online casinos.
“NCPG’s goal has always been to mitigate harm by increasing education, awareness, and understanding of risky behaviors, while ensuring access to trusted, scientific, and evidence-based information and healthcare resources," said Heather L. Maurer, executive director of NCPG.
“Innovation and responsibility can and must evolve together. Kalshi’s engagement demonstrates a commitment to mitigating harm before it occurs and ensuring support resources are accessible when they are needed.”
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Inaugural member
Kalshi became the first member, receiving platinum status, as part of its evolving role in responsible trading of prediction markets.
“At Kalshi, we believe in the power of prediction markets, and we are sensitive to the fact that they, like any financial trading products, come with risks,” said Tarek Mansour, co-founder and CEO of Kalshi.
“As prediction markets continue to evolve, we are deeply committed to setting a new standard for responsible trading by investing in the tools, education, and protections needed to promote healthy participation and customer safety, and hope that over time all trading platforms with significant retail participation follow suit.”
Kalshi burst onto the scene during the 2024 Presidential Election, winning a court order to offer prediction markets. The company has since expanded to other categories, including economics, climate, culture, and sports.
Rise of responsible trading
Event contracts sold in sports leagues like the NBA, NFL, MLB, and PGA now account for a projected up to 90% of Kalshi’s total trading volume, which is annualized at approximately $178 billion, leading to concerns about the education and risks that come with prediction markets.
As business and markets have expanded, Kalshi has already introduced numerous responsible trading tools, including self-exclusions, deposit limits, and mental health support. Collaborating with the NCPG takes that a step further.
The NCPG is a neutral organization formed in 1972 to develop comprehensive policies and programs. Companies like DraftKings and FanDuel, two major sports betting and iGaming brands, are members of the NCPG, and both launched prediction markets in late 2025.
Legal issues
Unlike sportsbooks, which offer many of the same markets as Kalshi, prediction market platforms have tried to operate in all 50 states because they are federally regulated by the Commodity Futures Trading Commission (CFTC), which has backed trading exchanges in recent legal battles.
Kalshi is involved in lawsuits with several U.S. states, as jurisdictions attempt to give prediction markets punitive measures for offering sports contracts in legal sports betting states. In other prediction market news, lawmakers are trying to crack down on insider information trading, especially among politicians and public officials.
