Canadian dealer says prediction markets are not gambling

Interactive Brokers is pushing back on a campaign from lottery corporations that want provinces to regulate the new markets

Zak Vescera

8 Oct 2026 • 3 min read

An ad for the prediction market app Kalshi is displayed on a mobile phone.

Interactive Brokers Canada, which offers Kalshi prediction market contracts, says the product does not constitute gambling as lottery corporations have argued (AP Photo/Erin Hooley,File)

Zak Vescera

Zak is a Vancouver-based reporter focusing on white-collar crime in British Columbia. He previously reported for The Tyee and The Saskatoon StarPhoenix.

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