Kalshi will give the National Council on Problem Gambling $2 million over two years, reportedly, to support a new initiative on financial trader health and safety. The council created a “Financial Services & Trading” membership category, with Kalshi as its first company member.
The initiative brings a prediction market operator into a council programme focused on education and harm prevention.
The day’s most important stories, free. One email a day.
Polymarket and Kalshi recorded more than US$5 billion in trading on prediction markets during the 2026 World Cup, according to an analysis cited in the report. Kalshi logged three consecutive days with daily trading above US$1 billion, while DraftKings said its event-contract volume last weekend exceeded its previous high for the segment.
Novig partnered with LIV Golf, and its branding appeared on the sleeves of seven players ahead of The Masters, according to the report. The deal marks the first prediction-market activation at a professional golf event, the report said.
US senators Elizabeth Warren and John Curtis asked Kalshi and Polymarket for details of safeguards against insider trading and manipulation on election-related prediction markets. Their bipartisan letter also sought information about previous enforcement actions and suspected violations of Commodity Futures Trading Commission rules. The senators cited concerns about candidate trading and alleged manipulation, including cases involving Kalshi and Polymarket.
Kalshi chief executive Tarek Mansour defended prediction-market transparency at DC Fintech Week, saying visible transactions help identify suspicious activity. The report cited enforcement actions involving George Santos and Gabriel Perez, as well as a criminal case involving alleged trading by Gannon Ken Van Dyke. Kalshi said it has added employer disclosures and compliance checks for contracts involving potentially sensitive information.
The White House is due to host representatives of prediction-market and cryptocurrency businesses in Washington on 19 August, including Kalshi and Polymarket, according to reports. The meeting precedes the CFTC Innovation Advisory Committee’s first meeting on 20 August, where event contracts are among the topics; Kalshi argues its contracts fall under federal CFTC jurisdiction rather than state betting-licensing rules.