SectorWire
SearchRegister
MenuClose

NCAA asks Kalshi to label college event contracts as sports betting

Regulation

The NCAA asked Kalshi to revise disclosures for its college sports event contracts in a letter dated 30 October 2025. It wants Kalshi to describe outcomes as sourced from the NCAA, state that it is an independent sports betting platform and address contracts on student-athlete performance and safeguards for competition integrity. Kalshi said it was reviewing changes to its contract-settlement language.

The requested disclosures and limits could affect how Kalshi offers college sports event contracts.

Request a correction

Flag an issue

Keep reading

Enforcement & compliance

New Jersey DGE orders Robinhood and Kalshi to stop NCAA event contracts

New Jersey's Division of Gaming Enforcement sent cease-and-desist letters to Robinhood and Kalshi over event contracts on NCAA basketball tournaments, saying they violate state sports-wagering law. The companies must respond in writing before midnight on 28 March 2025; the regulator also said Kalshi's collegiate-event contracts breach the state constitution when they involve New Jersey teams or events held in the state.

Continue reading