Gambling Is Not Investing names Mick Mulvaney executive director

Gambling Is Not Investing (GINI), a coalition opposing sports event contracts offered by prediction markets, has named former US congressman Mick Mulvaney as its executive director. GINI argues that these products should follow state and tribal gambling laws and consumer-protection standards, and specifically cited Kalshi. The coalition's members include Consumer Action for a Strong Economy, the Hispanic Leadership Fund, Moms for America and Frontiers of Freedom.