By SectorWire desk ·
The report said that Novig relaunched its federally regulated sports event-contract platform across most of the US. It announced the rollout on 4 August after obtaining CFTC exchange registration in June.
The rollout expands access to Novig’s regulated sports prediction contracts.
Request a correction / right of reply
Linked through shared companies, regulators and people, or one step further through the graph.
Operators face unresolved gaming definitions as the CFTC deliberates and Nevada and New Jersey assert authority over sports-outcome contracts.
The court-linked sports shutdown limits Kalshi’s market offering in Washington State.
The lawsuit contests whether Wisconsin’s gambling laws apply to Novig’s sports contracts or federal commodities jurisdiction takes precedence.
The filed rules would add a uniform minimum age and further trading protections at Ludlow Exchange.
The framework brings responsible-trading requirements into Novig’s exchange operations.
The lawsuits place Novig’s new prediction market platform in disputes with four states.