Summary
CNBC's Alex Sherman interviews WTA Chair Valerie Camillo about the business of women's tennis. They discuss planned 2027/2028 calendar changes, player commitments and welfare, equal prize money, star power, fan engagement, pickleball, sports betting, the Saudi PIF partnership, Serena Williams' return, and making the WTA Finals a defining event in women's sports.
- WTA Chair Valerie Camillo says the tour will announce 2027 calendar changes and more substantive 2028 changes, focused on player commitments and tournament needs.
- She frames women's tennis as the top global women's sports property, with worldwide reach, star athletes, legacy, and over one billion viewers.
- Camillo sees parity and uncertainty in women's tennis as a fan-engagement advantage.
- She says pickleball and other racket sports can feed the tennis ecosystem rather than hurt it.
- The WTA expects its partnership with the Saudi PIF to continue, including the maternity fund.
- Sports betting and prediction markets are treated as fan engagement but require integrity protections.
- Camillo highlights irreplaceable live sports experiences as a reason investment money is flowing into sports.