National Council on Problem Gambling
Coverage of National Council on Problem Gambling in the Nexus archive.
- The prediction markets are catching on with Wall Street interns
A Morgan Stanley survey of interns found that AI tool usage has surged, with 68% reporting daily use for tasks like drafting and research. Furthermore, over a quarter of these interns reported using prediction market apps such as Kalshi and Polymarket. Despite high adoption rates of new technology, concerns persist regarding job replacement (over 60%) and the limited regulation of betting platforms.
- Prediction market Kalshi to give $2m to problem gambling group as it fights ‘gambling’ label
Kalshi, a prediction market, will give $2m to the National Council on Problem Gambling over two years, focusing on trader health and safety, as it fights against being labeled a gambling platform. Kalshi allows users to bet on various outcomes, but maintains it is not a gambling platform. The investment comes amid a nationwide surge in prediction markets.