Are Polymarket and Kalshi Media’s New Ethical Dilemma?
Subramaniam Vincent, director of journalism and media ethics, quoted by The Dispatch.
Prediction markets are following the sports betting playbook—and the news media are signing up, reports The Dispatch.
Subramaniam Vincent, director of journalism and media ethics, told The Dispatch that the range of ethical questions posed by media adoption of prediction markets, such as disclosure of financial relationships and restrictions over employee participation in betting are difficult to nail down.
“If a newsroom is going to have a partnership with a prediction market, they’ve got to disclose that on a partnerships page,” Vincent said.
“There has to be some norm construction in newsrooms that basically says that no employee of the newsroom—whether that’s an editor, reporter, producer, designer, or anybody who’s talking to reporters—is allowed to bet on an outcome that is the topic of the newsroom’s reporting,” Vincent said.
Subramaniam Vincent, director of journalism and media ethics, quoted by The Dispatch.