Kalshi becomes CNN's official prediction market partner, with its data used for real-time display in news programs
The prediction market platform Kalshi announced that it has become the official prediction market partner of CNN, with its real-time probability data integrated into CNN's news programming, led by Chief Data Analyst Harry Enten. CNN will receive real-time data support from Kalshi on the probabilities of future events in politics, culture, and more, and will enable real-time information tickers based on Kalshi data in relevant sections.Kalshi claims that its platform has become an important tool for politicians, media organizations, and financial markets to observe future events. Previously, competitor Polymarket also stated on CBS's "60 Minutes" that prediction markets are "the most accurate forecasting tool currently available to humanity." The combined trading volume of both platforms has exceeded $45 billion, with institutions such as Google Finance, Yahoo Finance, Robinhood, and ICE collaborating with prediction market platforms.Despite the rising mainstream acceptance, the prediction market industry still faces regulatory controversies. Kalshi has recently been subjected to a nationwide class-action lawsuit, accused of providing sports betting services without a gambling license and misleading consumers.