Kalshi & National Council on Problem Gambling Join Forces to Champion Trader Health

Kalshi and the National Council on Problem Gambling (NCPG) have joined forces to champion trader health and safety. To that end, the prediction markets platform confirmed a $2 million, two-year investment to support the NCPG’s initiatives.

Kalshi Becomes Part of NCPG’s Leadership Circle

As a result of the arrangement, the NCPG has created a new membership subcategory called “Financial Services & Trading.” Kalshi will be the first member of this subcategory, joining the NCPG as a Platinum-level member. Kalshi will also become a part of NCPG’s Leadership Circle, which recognizes its significant contribution.

The agreement highlights Kalshi’s commitment to promoting trader health, which is reflected in its investment in the NCPG. It also recognizes the dramatic scope increase of the financial markets sector and the changes ushered in by the introduction of products, such as crypto & prediction markets.

Kalshi’s investment will fuel the Financial Trader Health and Safety Initiative, which will be focused on encouraging traders to participate safely. The contribution will also help the NCPG expand consumer education campaigns, increase awareness of the warning signs of problematic behavior, and encourage healthy decision-making.

The NCPG noted that it believes cross-sector collaboration will be “increasingly important” as the markets continue to evolve.

Innovation and Responsibility Must Evolve Together

Heather L. Maurer, executive director of the NCPG, said that she is incredibly pleased with Kalshi’s commitment. She said that it will support her organization’s objective of increasing education, awareness, and understanding of risky behaviors and ensuring that participants have access to robust 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.

Heather L. Maurer, executive director, NCPG

Tarek Mansour, Kalshi’s co-founder and CEO, said that he believes in the power of prediction markets, but also acknowledged that they come with certain 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.

Tarek Mansour, co-founder & CEO, Kalshi

In the meantime, Kalshi continues to be embroiled in trouble in several states due to the broader pushback against the prediction markets sector. However, Kalshi has remained firm that its products are trading and not gaming.