Gambling “prediction market” platform Kalshi has donated $20,000 toward political campaigns in Arkansas this year, according to records on the Arkansas Secretary of State’s website.
“Prediction markets” are companies that exploit loopholes in state and federal law to bring casino-style gambling to anyone with a smartphone. While traditional gambling operates under state oversight and state law, prediction market platforms claim protection under federal commodities laws, letting people wager hundreds of millions of dollars on sports, elections, and other events without being accountable to state regulators.
So far this year, Kalshi has donated a total of $20,000 to three different political action committees in Arkansas. Political action committees — or PACs — typically work to elect or defeat candidates for public office. The money that a PAC raises can be given to a candidate’s campaign or the PAC can use it to run their own campaign ads for or against candidates.
| Contributor | Contributor Address | Candidate or Committee | Transaction Amount | Transaction Date |
| Kalshi, Inc | 594 Broadway Street, Suite 407, New York, NY, 10012 | Build Strengthen & Empower PAC | $5,000 | 09/28/2026 |
| Kalshi | 594 Broadway, Suite 407, New York, NY, 10012 | Pillar Leadership PAC | $5,000 | 09/25/2026 |
| Kalshi, Inc. | 594 Broadway, Ste. 407, New York, NY, 10012 | Team SHS (Sarah Huckabee Sanders) PAC | $10,000 | 09/21/2026 |
We have written before about how prediction markets are deeply troubling. Some of these companies have been accused of using deceptive videos and fake wins to appeal to young people on social media. Others have been taken to court for refusing to abide by state gambling and consumer protection laws.
This kind of predatory gambling destroys families. Internet gambling is ruining lives, and prediction markets are part of the problem.
As powerful corporations try to make gambling part of everyday life, it’s important for Arkansas to protect its citizens and families from predatory gambling. Otherwise gambling addiction will simply continue wrecking lives and hurting families in our state.
Articles appearing on this website are written with the aid of Family Council’s researchers and writers.
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