Kalshi says it will invest $2 million over the next two years in a partnership with the National Council on Problem Gambling (NCPG), according to multiple reports. The announcement comes as prediction markets face increased pressure and debate over whether they should be regulated like traditional gambling. Kalshi maintains that its platform is not a gambling site, but it operates a “trade” model that can resemble betting to some observers.
The partnership is described as focused on trader health and safety. The funding is intended to support the NCPG’s efforts related to problem gambling, while Kalshi continues to respond to state officials and regulators who have pushed to classify and oversee prediction markets similarly to conventional gambling. The reports characterize the move as part of Kalshi’s broader effort to address the “gambling” label and mitigate concerns about user harm as prediction markets expand.
Overall, sources agree on the size and duration of the investment and link the decision to ongoing scrutiny of how prediction markets should be treated under current regulatory frameworks.
