When betting odds enter the news
And prediction markets, where people bet real money on real-world events are moving into the news itself. CNN and CNBC have struck deals with a company called Kalshi, bringing betting odds into their coverage of politics, the economy, and even war. Reporter Danny Funt explains why this alarms journalists and ethicists, the risks of conflicts of interest and insider trading, and what happens to public trust when news becomes something you can wager on.
The Current · CBC
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Show Notes
And prediction markets, where people bet real money on real-world events are moving into the news itself. CNN and CNBC have struck deals with a company called Kalshi, bringing betting odds into their coverage of politics, the economy, and even war. Reporter Danny Funt explains why this alarms journalists and ethicists, the risks of conflicts of interest and insider trading, and what happens to public trust when news becomes something you can wager on.