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Novig reportedly draws takeover interest from Kalshi and Polymarket

Deals & M&A

Novig has reportedly attracted takeover interest from several companies, including Kalshi and Polymarket, although it is unclear whether any formal offers were made. The US sports prediction-market operator is not actively seeking a buyer, according to an unidentified source cited in the coverage.

A potential acquisition could bring a sports-focused prediction-market operator into a larger company's portfolio, but no offer is confirmed.

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Deals & M&A

Robinhood considers acquiring a prediction market platform

Robinhood is looking for a potential acquisition in prediction markets, vice-president JB Mackenzie said in comments reported on 14 October 2025. He named no targets and said the company would weigh an acquisition against developing products with its own engineers. Piper Sandler analysts estimate Robinhood accounts for 25% to 35% of Kalshi trading volume.

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