US Open Seals Last-Minute Kalshi Prediction-Market Deal
The USTA also barred rival prediction-market ads in the arena and on TV, including ESPN
The USTA also barred rival prediction-market ads in the arena and on TV, including ESPN
The $296,715.38 sanction stems from self-exclusion and advertising lapses, but Caesars can keep operating in the state.
The proprietary ball-and-peg game is live on three Caesars online casino brands and may expand to more jurisdictions after approval.
The state wants to bar the prediction-market platform from offering unlicensed event contracts after an earlier injunction fight failed.
The campaign focuses on California, Texas, Georgia and Florida, where sports betting is limited or banned and event contracts have found demand.
The 3-0 ruling said the wagers are sports bets, not swaps, in a setback for Kalshi, Crypto.com and Robinhood.
The group reaffirmed 2026 guidance after Q2 net revenue rose 27% and adjusted EBITDA 29%.
The rollout gives the operator its 18th U.S. state as football season nears
Live betting, data licensing and direct-to-consumer products are pulling leagues and media companies toward a more interactive business.
They say the change would siphon tribal gaming revenue and clash with Indian gaming law.
| Featured US Casinos | ||
|---|---|---|
| BetMGM | Up to 1,000 Bonus Spins | Visit » |
| DraftKings Casino | Exclusive Casino Games | Visit » |
| Golden Nugget Casino | 1,500+ Casino Games | Visit » |
| BetRivers | $500 Play It Again | Visit » |