OpenAI and Kalshi quietly entered into a partnership that resulted in ChatGPT pushing data from Kalshi’s prediction markets, the New York Times reported. The fruits of the partnership began earlier this week ahead of a pair of FIFA World Cup semifinal matches on Tuesday and Wednesday, the third-place game on…
The Commodity Futures Trading Commission (CFTC) directed Kalshi to continue offering sports-related prediction markets in Michigan, escalating a feud with state officials. Michigan attorney general Dana Nessel secured a temporary restraining order in late June that ordered Kalshi to discontinue its sports event contracts. The new directive from the CFTC…
Gibraltar is officially the world’s first jurisdiction to introduce a specified regulatory framework for prediction markets. The British Overseas Territory has already licensed two operators, Official FIFA World Cup partner ADI Predictstreet and WagerWire. ADI Predicstreet was granted an intermediary license, while Wire Markets was approved in principle. The new…
Leading prediction market operator Kalshi on Tuesday announced the launch of “Kalshi Pro,” which will enhance the capabilities of its customer base. The new product will allow traders to manage multiple markets simultaneously and access advanced analytics. That is part of what a company announcement described as “the latest step…
Spurred by the popularity of the World Cup, prediction markets operator Kalshi is dominating mobile app downloads on iOS and Android. A chart shared by Dustin Gouker on his Event Horizon Substack showed the Kalshi reached more than 267,000 daily downloads toward the end of June, more than three times…