Prediction market pays news networks to launder gambling as analysis
“People are betting on this” is not “people know something.”
Popular Information and Public Notice report that CNN and CNBC have been heavily promoting Kalshi prediction markets while inconsistently disclosing that Kalshi is not just a questionable source but a business partner.
CNN and CNBC are not just glancing at Kalshi the way a reporter might glance at polls, weather maps, or bond yields. They are building se…
