Ludlow Exchange News & Prediction Market Coverage
Track the latest Ludlow Exchange news across prediction markets. Prediction News is following 6 active Ludlow Exchange stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Novig sues Wisconsin AG to preempt sports contract enforcement
TechNovig launches CFTC-regulated sports prediction market in 47 states and sues New York
LegalNovig sues five states to block gambling laws from hitting CFTC-regulated platform
LegalNovig becomes first CFTC-regulated prediction market to require 21+
LegalNovig gains CFTC designation and launches sports event contracts in 47 states
LegalNovig wins CFTC approval to operate Ludlow Exchange as designated contract market
Frequently Asked Questions
What is Ludlow Exchange?
Ludlow Exchange, LLC is a CFTC-designated contract market (DCM) that Novig will use to offer regulated sports event contracts.
When was Ludlow Exchange approved by the CFTC?
The CFTC designated Ludlow Exchange, LLC as a contract market on June 16, 2026.
Who operates Ludlow Exchange?
Novig, a sweepstakes-based sports trading platform, operates Ludlow Exchange through its subsidiary Ludlow Exchange, LLC.
Can Ludlow Exchange offer contracts in all states?
It can operate in 36 states where Novig is currently available, providing national reach for CFTC-regulated contracts without separate state licenses.
Is Ludlow Exchange a prediction market exchange?
Yes, it functions as a CFTC-regulated venue for sports event contracts, similar to other DCMs in the prediction market space.