Kalshi Becomes Platinum Member of National Council on Problem Gambling

(AsiaGameHub) –   The company is set to back a strategic initiative focused on trader well-being and safety with a $2 million investment.

US.- The National Council on Problem Gambling (NCPG) has announced a $2 million, two-year investment from the prediction market platform Kalshi for a program centered on trader health and safety. Kalshi will join the NCPG as a Platinum-level member and will be the first organization in a new Financial Services and Trading subcategory.

Kalshi’s contribution is intended to help fund consumer education campaigns, raise awareness of the warning signs associated with problematic behavior, and encourage responsible trading and sound decision-making. It will also become a member of NCPG’s Leadership Circle.

The NCPG stated that it maintains a neutral stance on the legality of prediction products.

Heather L. Maurer, executive director of NCPG, commented: “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. 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.”

Tarek Mansour, co-founder and CEO of Kalshi, added: “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. 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.”

Earlier this year, the NCPG called upon prediction market operators in the US to promote the National Problem Gambling helpline.