Kalshi becomes the official prediction market partner of CNN, and its data will be used for real-time displays in news programs.

On December 3, the prediction market platform Kalshi announced that it has become CNN's official prediction market partner, with its real-time probability data being integrated into CNN's news curation, 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 banners based on Kalshi data in relevant zones. Kalshi claims that its platform has become an important tool for political figures, media organizations, and financial markets to observe future events. Previously, competitor Polymarket also stated in CBS's “60 Minutes” program 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 subject to a nationwide class action lawsuit, accused of providing sports betting services without obtaining a gambling license and misleading consumers. (The Block)