The National Council on Problem Gambling (NCPG) has launched the Financial Trader Health and Safety Initiative in order to address potential behavioral risks associated with emerging financial trading platforms and prediction markets.

A donation of $2 million from Kalshi allows NCPG to build national capacity for this initiative in three key areas: building national infrastructure; expanding public awareness and access to support; and advancing research, education and collaboration.

Building National Infrastructure

NCPG will invest in educational resources, industry engagement, dedicated staff, and best-practice development to help ensure that responsible participation and consumer protection efforts evolve in response to emerging financial trading platforms.

This work will also include evaluating NCPG’s existing Internet Compliance Assessment Program (iCAP) for adaptation across the financial services and trading sector. As the nation’s first independent responsible gambling accreditation program for online gambling operators and suppliers, iCAP offers valuable guidance that can inform future responsible participation and consumer protection standards.

Expanding Public Awareness and Access to Support

A significant portion of the initiative will support public education efforts focused on trading-related behavioral risks, screening tools, responsible participation, and increased awareness of available support services, including the National Problem Gambling Helpline.

Advancing Research, Education, and Collaboration

The initiative will support training programs, stakeholder convenings, industry partnerships, and a national summit focused on financial trader health, consumer protections, and emerging financial markets.

ALT Sports Data (ASD), the company building the operating system for sports leagues, announced the completion of a $5 million funding round led by Game Changers Ventures, with participation from Relay Ventures, Scrum Ventures, and other existing investors.

The funding will support continued investment in ASD’s League Operating System, a technology and services platform that combines official data, integrity and compliance, fan engagement, media distribution, and sports betting commercial activation into a single framework that scales alongside a league as it grows. Leagues can adopt the capabilities they need today and expand into additional products over time.

The business of operating a sports league has changed significantly over the past decade. Fan engagement now extends well beyond the live event and includes digital media, streaming, gaming, audience development, sponsorship integration, and direct consumer relationships. At the same time, leagues are expected to manage increasingly complex operational and commercial responsibilities while continuing to focus on competition, athletes, and fan experience.

ALT Sports Data was built to help leagues navigate that environment.

Today, the company works with more than 30 sports properties worldwide, including Formula 1, World Surf League (WSL), X Games, SuperMotocross World Championships, Bare Knuckle Fighting Championship (BKFC), Professional Bull Riders (PBR), and a growing roster of emerging leagues. Through a combination of official data rights, technology, integrity services, media tools, and commercial distribution across gaming and streaming, ASD helps leagues create new revenue opportunities while maintaining control of their audience and intellectual property.

“Our business succeeds when our league partners succeed. We give leagues, regardless of size or stage, the infrastructure to grow their audiences, strengthen fan relationships, and build lasting commercial value around their sport. This financing allows us to expand those capabilities for current and future partners, and to keep investing behind the leagues we serve,” said Jake Cassaday, Chief Executive Officer of ALT Sports Data.

The company has experienced significant growth over the past eighteen months. In addition to becoming Formula 1’s Official Betting Data Supplier, ASD has expanded its portfolio of league partnerships, strengthened its global operator network and is introducing new products and services focused on fan engagement, regulated sports betting, integrity, media, and commercialization.

“What attracted us to ALT Sports Data is the company’s alignment with the leagues it serves. The team has built technology, services, and commercial capabilities that help sports organizations participate more effectively in today’s marketplace. As the demands on leagues continue to expand, we believe that approach becomes increasingly valuable,” said Roger Ehrenberg, Founder and Managing Partner of Game Changers Ventures.

The financing will support continued investment across product development, artificial intelligence, league onboarding, integrity and compliance solutions, sports betting and fan engagement products, and international expansion. The company also plans to continue growing its League Operating System and strategic services offerings as it works with leagues across a broad range of sports and competitive formats.