We are a coalition committed to stopping prediction markets from offering unsafe and unregulated sports event contracts that flout state and tribal laws.

Joined February 2026
First pitch of the World Series. @Kalshi is back at the plate, pitching illegal sports gambling as financial innovation. Swing and a miss.
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“I didn’t break the lamp. The ball did.” “I didn’t gamble. I traded an event contract.” Nice technicality. Go to your room, @Kalshi.
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Prediction markets advertise the excitement of getting a prediction right. Consumers also deserve to understand the consequences of getting it wrong. Financial losses, gambling-related harm and the risks of chasing those losses deserve more attention than another celebrity endorsement.
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Inside NEXTPredict, companies like @Kalshi are spending millions selling sports gambling as financial innovation. Hope no one’s buying it. Our message is pretty clear on one billboard. Gambling is Not Investing.
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Hello, New York! Manhattan, what are your thoughts on illegal sports gambling? Come find us outside NEXTPredict where the folks at @Kalshi and @Polymarket are inside fronting it as an investment strategy.
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Halloween isn't until next week. We get it, @Kalshi. You're excited. But wearing the financial exchange costume year-round is getting a little desperate.
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A little movie recommendation for everyone at the NEXTPredict Summit, especially you @Kalshi. Deceit only gets a business so far. Gambling is Not Investing.
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I don't want a taxonomy lesson, @ChairmanSelig. Call it what it is. Gambling is Not Investing.
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Prediction markets want to offer sports wagers nationwide while bypassing the gambling laws states have spent years establishing. If they succeed, states could lose the authority to enforce critical consumer safeguards within their own borders. Calling a bet a contract should not come at the expense of states' rights and consumer protections.
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The @UtahAG is taking on Kalshi's arrogance 👏👏👏 Kalshi wants to dress up gambling as investing, bulldoze state laws, and pocket the profits while families bear the consequences. States have their rules in place-- Kalshi does not get to rewrite them.
“Today we are asking the court to stop sports, politics, elections, culture, and mention bets here in Utah, and to use a court-approved geolocation provider to enforce this. We are also asking the Court to make the defendants give up the profits that they have made.”
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Anyone else having trouble taking this seriously?
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Midterms are coming. Here’s one question everyone should get right: Putting money on the outcome of a college football game is: A) Sports gambling B) Also sports gambling C) Still sports gambling We’ll give @Kalshi some extra time. Hint: Gambling is Not Investing.
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People work hard to build financial security. Prediction markets are making it easier than ever to put that security at risk on the outcome of a game. Sports gambling should never be confused with a strategy for building wealth. Gambling is Not Investing.
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