Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Prediction market Kalshi to give $2m to problem gambling group as it fights 'gambling' label
Prediction market Kalshi to give $2m to problem gambling group as it fights ‘gambling’ label (The Guardian)Kalshi announces two-year investment to National Council on Problem Gambling ‘focused on trader health and safety’
The prediction market Kalshi, which maintains it is not a gambling platform, has announced plans to give $2m to the National Council on Problem Gambling (NCPG) as it continues to ride a nationwide surge.
While prediction markets allow users to bet – or “trade” – on the outcome of almost anything, from elections to sports to geopolitical events, the industry has vehemently fought efforts by state officials to regulate its platforms like those of conventional gambling giants.
“Kalshi doesn’t work like casinos or sportsbooks,” the firm said in February, claiming that its platform “operates like any other derivatives market”.
The prediction market Kalshi, which maintains it is not a gambling platform, has announced plans to give $2m to the National Council on Problem Gambling (NCPG) as it continues to ride a nationwide surge.
While prediction markets allow users to bet – or “trade” – on the outcome of almost anything, from elections to sports to geopolitical events, the industry has vehemently fought efforts by state officials to regulate its platforms like those of conventional gambling giants.
“Kalshi doesn’t work like casinos or sportsbooks,” the firm said in February, claiming that its platform “operates like any other derivatives market”.
https://www.theguardian.com/us-news/2026/may/18/kalshi-problem-gambling-group-investment
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
Kick in to the DU tip jar?
This week we're running a special pop-up mini fund drive. From Monday through Friday we're going ad-free for all registered members, and we're asking you to kick in to the DU tip jar to support the site and keep us financially healthy.
As a bonus, making a contribution will allow you to leave kudos for another DU member, and at the end of the week we'll recognize the DUers who you think make this community great.