By SectorWire desk ·
The report said a planned NCPG departure by the Nevada Council on Problem Gambling over the national organisation’s Kalshi partnership. Executive director Trey Delap cited concerns about harm to younger customers and differences over consumer protection.
The Kalshi relationship is costing NCPG support from a state affiliate.
Request a correction / right of reply
Linked through shared companies, regulators and people, or one step further through the graph.
The dispute concerns whether states can apply gambling rules to sports-event contracts offered by federally regulated exchanges.
The findings bear on state challenges to Kalshi and Polymarket's position that their contracts fall exclusively under CFTC jurisdiction.
The analysis questions Kalshi’s explanation for concentrated activity in its ether perpetual contracts.
The new contracts allow partial settlement rather than requiring players to reach the full statistical target.
The dispute could affect whether prediction market operators face state gambling laws alongside federal oversight.
The denial challenges Kalshi’s account of a tribal partnership.