Novig News & Prediction Market Coverage
Track the latest Novig news across prediction markets. Prediction News is following 19 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
Novig gains CFTC designation, files first event contracts for nationwide launch
DealsNovig becomes first prediction market partner with New York Mets
LegalCFTC proposes event contract public-interest framework amid sports betting fight
DealsFanatics acquires BGC exchange and clearinghouse, will partner on prediction markets
OpinionKalshi and Polymarket face widening scrutiny over drug, TV, and political betting
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
LegalAmerican Indian tribes file to block Kalshi and Polymarket from tribal land
TechNovig raises Series B led by Mason Nystrom, hires chief compliance officer
GlobalMatchbook launched UK prediction market in January ahead of US plans
OpinionKalshi comparison reviews surface against Polymarket and Novig amid regulatory momentum
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.