Prediction market platform Kalshi has been facing criticism after it was revealed that the company gifted Donald Trump Jr. $300,000 in shares following Trump Jr.’s...
MGCB withdraws from NCPG over Kalshi partnership
The Michigan Gaming Control Board (MGCB) has officially exited the National Council on Problem Gambling (NCPG) in an effort to protest against the council’s new partnership with prediction market operator Kalshi.
The prediction platform first entered the council in May 2026 as a platinum member, allocating $2 million in investments to the NCPG. As a response, the MGCB stressed its opposition to the decision, confirming its withdrawal from the organization on July 1, 2026. Additionally, the board has cancelled its paid sponsorship for this year’s annual conference.
The NCPG previously addressed the concerns, assuring that Kalshi would not advocate for or against any specific platforms or products; however, MGCB executive director Henry Williams argued that the membership goes against state enforcement action against prediction markets, further weakening regulatory authority.
Williams stated:
“I am deeply concerned that Kalshi’s attempts to distinguish sporting event contracts from other forms of sports betting by claiming that its offerings are akin to ‘investment’ or ‘insurance’ products directly undermines a foundational message of responsible gaming: that gambling in any form is for entertainment purposes only.”
The NCPG hasn’t yet published any response to the Michigan gaming board’s exit, but the council has shared that the partnership with Kalshi is only aimed at prevention, consumer protection, education, and harm reduction.
On June 29, 2026, a Michigan judge ordered Kalshi to stop offering its prediction market products to residents after Attorney General Dana Nessel accused the platform of...
