Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Public Health topic
No spam. Unsubscribe anytime.
Presenter warns online prediction markets can be addictive and target young people
Summary
The presenter said research shows online gambling is highly addictive and alleged Kalshi ran influencer campaigns targeting college students and attempted to recruit 15-year-olds to promote its product, raising concerns about youth exposure and public health.
The presenter said research shows that "online gambling is 1 of the most addictive forms of gambling," available around the clock and often targeted at young people and children. He argued this risk justifies state regulatory intervention and cited the public-health harms of problem gambling, including loss of housing and family breakdown.
The presenter alleged the company ran influencer campaigns aimed at college students and said its outreach attempted to recruit "15 year old kids to promote gambling to their followers," and that the platform uses push notifications to keep users engaged. The presenter framed the lawsuit as partly a public-health response intended to protect youth and recover money from Washington residents who have been harmed.
