Novig News & Prediction Market Coverage
Track the latest Novig news across prediction markets. Prediction News is following 50 active Novig stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Deals
Sydney Sweeney takes equity stake, stars in Novig's national ad campaign
LegalConnecticut orders nine prediction markets to halt sports contracts
TechWomen athletes slam Novig's Sydney Sweeney ad for sexualizing sports
TradingCollege football prediction market trading reaches $790M
LegalCFTC warns prediction markets to drop American-style moneyline odds
TradingKalshi posts record NFL weekend with FanDuel as market maker
LegalAppeals court rejects Kalshi bid to block Nevada gaming oversight
DealsPolymarket launches HQ campaign with LeBron James, Eli Manning and Spike Lee
TradingKalshi shows blank slate for Olympiacos as rivals list Champions League odds
TradingNovig posts $125 million in first-week sports prediction market volume
DealsParlayX raises $1.25M pre-seed led by Dreamcraft for institutional push
TradingNextpredict.io posts NBA and golf explainers for Kalshi and Polymarket
TradingNovig and Underdog grab 35.5% and 48.3% combo shares in EKG prediction market data
TradingPennsylvania insider-trading questions surface as six prediction platforms operate in state
DealsNBA in talks for prediction market deals ahead of 2026-27 season
OpinionYoung adults 18-21 traded $5.4 billion on Kalshi this year
DealsMore MLB teams sign prediction market sponsorships as leagues split on deals
LegalCFTC warns prediction markets to drop American odds format
DealsKalshi signs exclusive deals with five MLB teams, but two lack exclusivity
StocksCME's Duffy clashes with CFTC chair and Kalshi at first event-contract advisory meeting
LegalDraftKings, Fanatics, and FanDuel demand parity in prediction market consumer rules
OpinionKalshi and Polymarket push into drug and TV betting amid insider-trading and tax warnings
LegalNovig sues Wisconsin AG to preempt sports contract enforcement
TradingBaltimore sues Kalshi and Polymarket, adding Coinbase, Robinhood and Webull
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 sues Wisconsin AG to block sports contract crackdown
LegalFliff and Onyx Odds file FCM registrations to enter CFTC-regulated prediction markets
TradingCBS Sports previews NFL prediction market platforms for 2026 season
LegalNovig becomes first CFTC-regulated prediction market to require 21+
DealsRiver Markets raises $8.5 million seed round for institutional prediction market tools
TradingPolymarket becomes official prediction market partner of New York Yankees
LegalNew York judge denies CFTC motion against Kalshi as state lawsuits multiply
DealsNovig hires Underdog's Warrington to lead external affairs
LegalNovig gains CFTC designation and launches sports event contracts in 47 states
DealsNew York Mets become first MLB team to partner with prediction market Novig
TradingProphetX raises $35M after launching CFTC-regulated sports prediction markets
DealsKalshi extends Solidus Labs trade surveillance to brokerage arm Kinetic Markets
DealsMets sign exclusive, multiyear partnership with Novig
DealsFanatics acquires BGC exchange and clearinghouse, will partner on prediction markets
DealsProphetX raises $35M to scale sports-native prediction market
TradingWorld Cup drives record prediction market volumes as Congress weighs bans
TechNovig and BitMart US line up as CFTC-regulated prediction market entrants
DealsDraftKings launches in-house DKeX exchange, ending Crypto.com and CME partnerships
DealsNovig founder says Kalshi and Polymarket ad spending lifts whole sector
TechNovig deploys Eventus surveillance tech ahead of exchange launch
DealsNovig hires former Kalshi and CFTC official Mishory as regulatory chief
OpinionKalshi CEO says Polymarket is not his main rival, names three bigger threats
LegalNovig wins CFTC approval to operate Ludlow Exchange as designated contract market
LegalNovig and ProphetX win CFTC approvals as sports-native prediction exchanges
Frequently Asked Questions
Is Novig a sportsbook?
No. Novig operates as a commission-free peer-to-peer sports trading and prediction market exchange where users trade directly against one another.
Where is Novig available?
Novig is available in 36 states and Washington, D.C., for users 21 and older who are physically located in eligible states.
What is Ludlow Exchange?
Ludlow Exchange is the CFTC-approved designated contract market operated by Novig for offering regulated sports event contracts.
When did Novig receive CFTC approval?
The CFTC approved Novig's application for Ludlow Exchange as a designated contract market on June 16, 2026.
Who founded Novig?
Novig was founded by Jacob Fortinsky, who serves as CEO, and Kelechi Ukah.
Is Novig regulated by the CFTC?
Yes. As of June 16, 2026, Novig operates Ludlow Exchange as a CFTC-registered designated contract market.