After bankruptcy, he was banned from sports betting sites. Then he discovered Kalshi

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: NPR Top
After bankruptcy, he was banned from sports betting sites. Then he discovered KalshiWorldPing
Image via NPR Top.

What happened

The dark side of the prediction market boom is becoming more clear: Experts say the sites have become go-to outlets for gambling addicts to relapse as the companies avoid state consumer protections.

Key facts

  • Reported by NPR Top and published Fri, 02 Oct 2026 09:00:00 UTC.

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Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

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Sources

The original report was published by NPR Top. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at NPR Top

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