NCPG wants prediction markets to promote its problem gambling helpline

The National Council on Problem Gambling (NCPG) is requesting prediction markets to promote its new problem gambling helpline amid the growing popularity of event contracts.

The NCPG’s board of directors has made a request to all prediction market operators accepting customers in the U.S. to promote 1-800-MY-RESET, the council’s new National Problem Gambling Helpline™. The NCPG is calling on all prediction markets that are approved to offer event contracts, including sports, to provide clear and concise messaging to promote its problem gambling helpline. The council wants prediction markets to take the same steps in promoting responsible gaming resources as licensed online sportsbooks.

“Prediction markets have proliferated at an outstanding rate and, so far, there are minimal regulations and safeguards to protect consumers, despite carrying substantially similar levels of risk as traditional sports betting,” said the NCPG in a statement to SBC Americas. “All operators offering gambli..