League of Legends has passed Counter-Strike 2 as the most-traded esport on the prediction market Kalshi, according to figures reported by Esports Insider. Over the last 28 days, average trading volume on League of Legends markets stood at $4.15 million against $4.02 million for CS2.
The gap had been much wider a month earlier. Esports Insider reports that CS2 accounted for 57% of all esports trading volume at Kalshi last month, with League of Legends at just under 18%. The outlet attributes the catch-up largely to MSI: the final between Hanwha Life Esports and T1 drew $1.4 million in volume on its own. Valorant markets have also grown, with average volume rising from around $1 million to more than $2 million.
Those markets face a widening legal challenge. Esports Insider reports that New York’s Attorney General is suing Kalshi for $36 billion, and that a judge in Utah has ruled the platform’s sports markets illegal — outcomes that could add both states to a growing list blocking the operator.
Oddin adds a casino product
Separately, esports betting supplier Oddin.gg announced Oddin Casino, extending the company beyond the esports products it has built its business on. Co-founder and managing director Market Suchar framed the move as a distinct build rather than a repackaging of the existing platform.
We are not taking an esports product and placing it in a casino lobby. Casino has its own rules, audiences, and creative language.
The launch follows licences in Kansas and Wyoming for the company’s esports products, taking it to eight US states — though only New Jersey and West Virginia among them permit legal online casinos where the new product could operate. Oddin has also secured a licence in Alberta’s newly regulated market and partnered with gambling brands in Brazil and Paraguay. The company expects a full launch later this year and has not said where the platform will run.
BIG names Razed as CS2 partner
Counter-Strike 2 organisation Berlin International Gaming announced crypto casino Razed as the main partner of its CS2 team. BIG chief executive Daniel Finkler said the deal was built around content and storytelling, and Razed said it would support the organisation’s BIG CLUB community programme.
Razed became Heroic’s main sponsor last year and runs a Counter-Strike-focused esports account. Ethan Johnson, the company’s head of esports, said Razed wanted to show the Counter-Strike community it is "serious about esports and here to stay".
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