Reality is a Casino as Prediction Markets Enter Canada
Why are media companies like CNN and Substack joining forces with prediction markets like Polymarket and Kalshi?
Both Polymarket and Kalshi have been all over the news and editorial pages: will these markets be a blight of insider trading and foreign interference? The next step on the slippery slope to online gambling addiction? Should we really be able to bet on kidnapping, war, the timing of someone else's death?
But thanks to recent partnerships between big media and the prediction market companies, Polymarket and Kalshi are moving from being the subject of headlines to the co-creators of…
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