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The Problem with Binding News and Prediction Markets

By Klaudia JaźwińskaColumbia Journalism Review

Polymarket and Kalshi are quickly making deals with news publishers, with potential implications for the regulation of prediction markets. It’s unclear how journalism wins.

Sign up for the daily CJR newsletter. Prediction marketsplatforms where users can place wagers on the outcomes of future events are suddenly all over the news. Every day were seeing headlinesallegat…