The National Council on Problem Gambling’s (NCPG) Board of Directors passed a resolution on February 9, calling on prediction markets to promote the National Problem Gambling Helpline, arguing that event contract trading is similar to other types of betting and poses the same risks for consumers.
In the resolution, the nonprofit organization urged “all Prediction Market Operators serving U.S. consumers” to add “clear, prominent, and ongoing promotion” of the helpline number 1-800-MY-RESET across both “marketing and on-platform user experience.”
The organization said prediction market operators should display the messaging “in a manner that is comparable to practices in regulated mobile sports betting.”
The NCPG says the helpline offers “nationwide free, confidential, and 24/7 support and resources” for people experiencing gambling-related harm. The group also said it maintains a neutral stance on legalized gambling.
