Kalshi has responded to a smear campaign run by the group FairPredicts by launching a new advocacy group, Americans for Fair Markets (AFM). The company said the group will defend against the gaming industry’s lies about prediction markets.
The company aims to counter the gaming industry's misinformation about prediction markets. FairPredicts initiated an ad campaign accusing Kalshi of deceit. In response, Kalshi established Americans for Fair Markets to address these allegations.
The new advocacy group will focus on promoting transparency and accuracy within the prediction market sector, aiming to combat false narratives and protect Kalshi's reputation.
