13 OctDeals & M&A
Prediction markets reach $78.2bn in September as sports trading recovers
Sports trading helped prediction market operators exceed their previous monthly volume record.
Novig
Prediction markets & exchanges
Business and regulatory developments involving Novig. Open in the feed
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Company dossier
Licensing, commercial relationships and regulatory developments.
Licences by market
Deals and partners
- Partner: New York Mets 2026-08-26 · entry
Compliance record
- Ohio Casino Control Commission orders prediction market businesses to halt sports contracts 2026-10-09
Appeal: Appeal lodged - Connecticut DCP orders nine prediction platforms to halt sports contracts 2026-09-23
- Connecticut orders nine prediction market companies to stop unlicensed sports betting 2026-09-12
- Connecticut orders nine prediction-market operators to stop offering sports contracts 2026-09-11
Relationships
Reported licences, deals, appointments and other connections. Follow the entry links for context.
Timeline
Newest first, grouped by month.
October 2026
9 OctEnforcement & compliance
Ohio Casino Control Commission orders prediction market businesses to halt sports contracts
Recipients face possible administrative, civil or criminal proceedings if they disregard the commission’s demands.
September 2026
23 SepEnforcement & compliance
Connecticut DCP orders nine prediction platforms to halt sports contracts
Nine prediction market platforms face Connecticut cease-and-desist orders over sports event contracts offered to residents.
14 SepRegulation
CFTC weighs gaming definition for US event contracts
Operators face unresolved gaming definitions as the CFTC deliberates and Nevada and New Jersey assert authority over sports-outcome contracts.
12 SepEnforcement & compliance
Connecticut orders nine prediction market companies to stop unlicensed sports betting
The orders require nine prediction market companies to stop offering sports event contracts to Connecticut residents.
11 SepEnforcement & compliance
Connecticut orders nine prediction-market operators to stop offering sports contracts
Connecticut’s orders require nine platforms to halt sports event contracts and other alleged unlicensed online gambling while permitting withdrawals.
10 SepDeals & M&A
Novig unveils campaign featuring Sydney Sweeney
The campaign gives investors an update on Novig’s marketing activity in prediction markets.
9 SepDeals & M&A
Novig names Sydney Sweeney equity partner for advertising campaign
Novig’s campaign combines Sydney Sweeney’s role as an equity partner with her appearance in a commercial promoting the operator.
3 SepDeals & M&A
Novig and Underdog grow prediction market business through combos
Parlay-equivalent combos are driving growth in Novig’s and Underdog’s prediction market businesses.
2 SepDeals & M&A
Novig and Underdog expand prediction market parlays in USA
Novig and Underdog are expanding multi-leg offerings as combinations become an increasing source of sports prediction market activity.
August 2026
26 AugDeals & M&A
Kalshi signs sponsorship agreements with five MLB teams
Kalshi’s sponsorships expand MLB prediction market partnerships, with four new partners playing in states that prohibit sports betting.
26 AugRegulation
Federal judge pauses Novig prediction market litigation in Massachusetts
Novig’s Massachusetts litigation is paused, while its joint request with New Mexico officials seeks similar relief.
20 AugRegulation
Novig challenges Wisconsin enforcement powers over sports event contracts
Novig’s lawsuit seeks continued Wisconsin operations by asserting federal derivatives regulation over its sports event contracts.
20 AugRegulation
Novig parent challenges Wisconsin gambling jurisdiction in federal court
The lawsuit contests whether Wisconsin’s gambling laws apply to Novig’s sports contracts or federal commodities jurisdiction takes precedence.
19 AugDeals & M&A
Novig reports $128m trading volume in prediction markets debut week
Novig’s reported $128m opening-week trading volume gives investors a launch benchmark against its claimed comparison with Kalshi.
18 AugRegulation
Novig launches court challenges against five US states following prediction market debut
Novig’s sports prediction market launch was followed within two weeks by litigation against five US states.
18 AugDeals & M&A
Novig reports first-week prediction market trading volume above USD125m
Novig’s first-week trading volume exceeded USD125m while its sports prediction exchange faces regulatory disputes in five states.
14 AugRegulation
Novig files trading safeguards including minimum age of 21
The filed rules would add a uniform minimum age and further trading protections at Ludlow Exchange.
13 AugRegulation
Novig adopts responsible-trading framework for prediction exchange
The framework brings responsible-trading requirements into Novig’s exchange operations.
12 AugFunding
River Markets secures $8.5m seed investment
The seed financing funds a recently formed prediction market infrastructure supplier.
10 AugRegulation
Novig files lawsuits against four states after prediction market launch
The lawsuits place Novig’s new prediction market platform in disputes with four states.
10 AugRegulation
Novig sues New York to prevent gambling enforcement
The suit challenges state enforcement against Novig’s prediction contracts.
8 AugRegulation
Novig challenges New York enforcement as nationwide market launches
The lawsuit seeks to protect Novig’s sports contracts from New York enforcement.
6 AugLicences & markets
Novig launches regulated sports prediction market in 47 states
The launch adds a federally regulated sports event-contract exchange to the US market.
6 AugLicences & markets
Novig launches nationwide sports prediction platform with minimum age of 21
The launch introduces a federally overseen sports prediction platform restricted to adults aged 21 and above.
6 AugRegulation
Novig sues New York following prediction-market launch
The litigation accompanies Novig’s nationwide prediction-market rollout.
6 AugRegulation
Novig sues New York as sports trading platform launches nationwide
Novig’s lawsuit seeks protection from potential New York enforcement as it expands access.
6 AugLicences & markets
Novig launches nationwide US sports prediction platform
The designation enables Novig’s nationwide event-contract offering.
5 AugLicences & markets
Novig relaunches US sports prediction-market exchange
The rollout expands access to Novig’s regulated sports prediction contracts.
4 AugLicences & markets
Novig launches sports prediction exchange across 47 states
The launch expands access to Novig’s federally regulated sports event contracts.
July 2026
24 JulLicences & markets
Novig files sports event contract plans with CFTC
The filings seek approval for a wider sports prediction market offering.
Connected to
Relationships extracted from our entries: partners, suppliers, investors, licensing and markets.
Timeline
Key developments by month.
- Oct 2026
- Sep 2026
- Enforcement & compliance Connecticut DCP orders nine prediction platforms to halt sports contracts
- Regulation CFTC weighs gaming definition for US event contracts
- Enforcement & compliance Connecticut orders nine prediction market companies to stop unlicensed sports betting
- Enforcement & compliance Connecticut orders nine prediction-market operators to stop offering sports contracts
- Deals & M&A Novig unveils campaign featuring Sydney Sweeney
- Deals & M&A Novig names Sydney Sweeney equity partner for advertising campaign
- Aug 2026
- Deals & M&A Kalshi signs sponsorship agreements with five MLB teams
- Regulation Federal judge pauses Novig prediction market litigation in Massachusetts
- Regulation Novig challenges Wisconsin enforcement powers over sports event contracts
- Regulation Novig parent challenges Wisconsin gambling jurisdiction in federal court
- Deals & M&A Novig reports $128m trading volume in prediction markets debut week
- Regulation Novig launches court challenges against five US states following prediction market debut
- Jul 2026
- Licences & markets Novig files sports event contract plans with CFTC
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