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By The Weekly Edge desk ·
VGW paid $8m to settle a sweepstakes casino matter in New York, Gambling Insider reported on 10 September. The outlet also reported that VGW responded to the settlement.
VGW’s settlement establishes an $8m cost for resolving its New York sweepstakes casino matter.
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The partnerships give the tribes customer-facing apps while Kalshi operates the underlying exchange and settles transactions.
Four additional tribal agreements give tribes app ownership and customer management while Kalshi supplies exchange services.
Kalshi’s sponsorships expand MLB prediction market partnerships, with four new partners playing in states that prohibit sports betting.
The agreements give Kalshi advertising exposure and fan engagement opportunities across five MLB teams.
The ruling subjects disputed Nevada sports event contracts to gambling rules, while DraftKings and Flutter shares gained.
Robinhood’s sports event contracts remain withdrawn from Michigan at least until the Sixth Circuit rules on related appeals.