NCPG Asks Prediction Markets to Highlight National Gambling Helpline
The NCPG is urging prediction market operators to prominently display the National Problem Gambling Helpline due to growing concerns about gambling-related harm.Summary
The National Council on Problem Gambling (NCPG) has called on prediction market operators serving US customers to highlight the National Problem Gambling Helpline, 1-800-MY-RESET, on their platforms and in advertisements. The NCPG expressed concern that the growth of prediction markets – online platforms where users buy and sell contracts based on real-world event outcomes – poses similar risks to traditional gambling products. The council’s board of directors passed a resolution noting that the increased accessibility of these markets through online and mobile apps may lead to gambling-related harm, even among users who don't perceive their activity as gambling. They argue that the way these markets are often marketed as financial or information tools, rather than betting products, can prevent users from recognizing potential problems and seeking help. The NCPG emphasizes that providing access to the helpline is a public health duty, similar to requirements already in place for regulated sports betting. The National Problem Gambling Helpline offers 24/7 confidential support and connects individuals with treatment and recovery resources. This initiative is part of a broader effort by the NCPG to adapt to the expanding legal gambling landscape in the US and ensure help is readily available.
(Source：Gamblingnews)