CBS News partners with Kalshi to incorporate prediction-market data into election coverage
CBS News, now led by editor-in-chief Bari Weiss, has signed a partnership with prediction-market platform Kalshi to use its betting data in coverage of upcoming elections. The deal follows similar data arrangements CNN and CNBC have struck with prediction-market firms.
GoKawiil's interpretation of the reporting above, not reported fact.
Critics argue prediction markets like Kalshi and Polymarket operate with little regulatory oversight, which could let holders of insider information skew odds in their favor rather than reflecting true probabilities. Presenting such data as journalism could further erode public trust in news outlets and blur the line between reporting and promoting speculative gambling products, according to the piece's author.
- CBS News has partnered with Kalshi to integrate prediction-market data into its election coverage.
- CNN and CNBC have previously struck similar partnerships with prediction-market platforms.
- Critics warn such partnerships could legitimize gambling-like markets and undermine journalistic credibility.
Source: futurism.com — Victor Tangermann, 2026-10-03
Published there as: “News Organizations Like CBS Embracing Prediction Markets as “Journalism” Is a Deep Moral Disgrace”
Read the original report → The summary and analysis above are GoKawiil's own, written from reporting by the source above. Facts and quotes belong to the original publisher.