NCPG Creates New Category for Prediction Market Traders

The National Council on Problem Gambling (NCPG) has introduced a new financial services and trading subcategory to support prediction market traders. This move comes after Kalshi, a prediction market firm, donated $2 million to the NCPG in May while claiming they weren’t a gambling platform.

The creation of this new subcategory reflects NCPG’s commitment to fostering informed dialogue, advancing research and education, strengthening consumer protections, and ensuring that individuals and families affected by gambling-related harm remain at the center of their work.

Kalshi is currently facing legal battles in several states, including a state Supreme Court decision in Massachusetts and criminal charges filed by Arizona. The firm contends that they are solely regulated at the federal level by the Commodity Futures Trading Commission.