Nonprofit chief resigns after backlash over Kalshi’s $2 million donation

The head of a major US nonprofit focused on gambling addiction resigned after the group accepted $2 million from Kalshi, a prediction market platform.

Critics questioned the donation because Kalshi agreed to no public safeguards or addiction helpline promotion.

Several state organizations and regulators have ended their ties with the nonprofit over the decision.

The dispute raises questions about how platforms that offer betting-like contracts should help reduce addiction risks.