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Danny Funt
Reporter and author covering sports betting and prediction markets, with recent writing for The New Yorker and an upcoming book on sports gambling.
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Jan 7, 2026
• 21min
When betting odds enter the news
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Danny Funt, a sports betting reporter and author, discusses the unsettling rise of prediction markets in mainstream news. He reveals how CNN and CNBC's partnership with Kalshi introduces betting odds into their coverage of critical events, raising ethical concerns. Funt warns of conflicts of interest and the erosion of public trust when news becomes a gamble. He captures the shift in media dynamics, highlighting alarming incentives driving newsrooms to embrace gambling, and questions if such markets truly aid fact-checking.
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