OpenAI showed Kalshi’s World Cup odds in ChatGPT
The search result for France and Spain showed a 60% win chance, and the tie-up was not promoted publicly.
The search result for France and Spain showed a 60% win chance, and the tie-up was not promoted publicly.
The agreement took effect as the tournament’s main draw began, but the financial terms were not disclosed and rival prediction platforms are barred from ads at the venue and on ESPN.
The province sharpened its line after federal regulators said sports and entertainment contracts did not belong under securities rules.
Gabriel Perez must disgorge more than $107,000 and pay a $65,000 penalty after regulators said he used presidential speeches to trade contracts on words the president might say.
The company is pitching DraftKings Predictions as available in California, Texas, Georgia and Florida, with a $200 bonus for a first $5 trade, just before the NFL season.
The figures intensify a fight over whether prediction markets should stay open to 18-year-olds.
The court said the contracts were sports bets, not swaps, and rejected Kalshi’s bid to block Nevada regulators.
The companies will use weather data feeds to verify contract outcomes, while Kalshi’s odds move onto Weather.com and The Weather Channel app.
The CSA and CIRO said those bets fall outside securities law, while other event contracts remain under review.
The partnership now covers about 300,000 matches a year and adds Bundesliga, Euroleague Basketball, the CBA, the NBL and Grand Slam tennis events.
The exchange says it has sold most of a nearly $1.5 billion private offering, even as reports point to fresh talks at a $40 billion valuation.
The project would start with points-based play, but the company has not ruled out real-money betting later.