Kalshi is investing $2 million over two years to the National Council on Problem Gambling, as consumer protection questions grow around prediction markets.
The NCPG announced Monday that Kalshi will fund its new Financial Trader Health and Safety Initiative, aimed at developing education and harm-reduction resources for retail traders across products including equities, options, cryptocurrencies, futures, and prediction markets.
Kalshi will also become the first member of NCPG’s newly created Financial Services & Trading membership category as a platinum-level member.
“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,” NCPG Executive Director Heather Maurer said in a statement.
Mansour: Kalshi committed to safety
Sports event contracts now dominate activity on the platform, accounting for roughly 85% to 90% of total trading volume on any given day. Kalshi has said its user base has grown 50-fold over the past year since it launched sports, with trading volume up over 100x and offerings expanding from roughly 100 markets in 2025 to over 1,500 halfway through the year.
Kalshi CEO Tarek Mansour acknowledged the risks tied to retail participation in prediction markets.
“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,” Mansour said.
Legal fight over sports event contracts continues
The partnership comes as Kalshi remains locked in a widening legal and regulatory battle over whether sports event contracts are financial derivatives or unlawful sports betting.
Kalshi argues its contracts fall under exclusive federal oversight through the Commodity Futures Trading Commission, a position the agency has reinforced in lawsuits against multiple states seeking to block sports event contracts. State regulators, tribal gaming groups, and gambling industry stakeholders have pushed back, arguing the products function as unlicensed sports betting that bypasses state gaming laws and tribal compacts.
The NBA, MLB, and NCAA recently urged the CFTC to adopt stronger safeguards around sports event contracts, raising concerns around integrity monitoring, data-sharing, and consumer protections. The American Gaming Association has similarly argued that sports event contracts are effectively sports betting.
Kalshi has said its platform alresdy offers safeguards including self-exclusion tools, trading limits, trading breaks, and mental health resources.
