Nevada problem gambling council moves to cut ties with national group over Kalshi partnership
The Nevada Council on Problem Gambling plans to end its relationship with the National Council on Problem Gambling after months of disagreement over the prediction market platform.
US.- The Nevada Council on Problem Gambling is planning to terminate its relationship with the National Council on Problem Gambling over its acceptance of Kalshi as a member. It says the national organisation has moved away from its consumer-protection mission by accepting the prediction market platform, which it says lacks the safeguards enforced by state regulators on licensed gambling providers.
The Nevada Gaming Control Board has argued that Kalshi’s sports contracts constitute sports betting and should fall under state gambling regulations. The Michigan Gaming Control Board has already withdrawn from NCPG over the same issue.
The Nevada council’s executive director, Trey Delap, said months of discussions with National Council leadership had failed to resolve the disagreement. He pointed to differences over gambling harm prevention, including Kalshi’s minimum customer age of 18 compared with the National Council’s support for a 21-year gambling age.
“We cannot lend Nevada’s name and credibility to an organisation when we no longer believe we’re aligned on a fundamental consumer-protection issue,” he said.
The disagreement intensified in May, when the National Council launched its Financial Services and Trading initiative with $2m in funding from Kalshi. The Nevada Council sought to pause its membership in June, but the request was rejected. It subsequently decided to end its relationship with the national organisation.
