Novig said the Commodity Futures Trading Commission approved its registration as a designated contract market, enabling it to offer event contracts. The company plans to introduce sports markets across the United States but has not named initial states; it has set a minimum user age of 21.
Federal registration enables Novig to offer event contracts, but its planned sports-market states remain unspecified.
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Connecticut’s Department of Consumer Protection ordered nine prediction-market platforms to stop offering sports event contracts to state residents, officials said. The orders also require the platforms to let Connecticut customers withdraw funds; non-compliance could bring civil or criminal penalties. The department said it issued subpoenas to licensed gaming service providers, media organisations and app-store or payment-related businesses, whose recipients are not under investigation.
Sam Schwartz has launched The PM Pulse, a newsletter covering prediction markets, with its first edition published on Substack on 14 July 2026, reported by Gambling Insider. Schwartz, a 2022 Georgetown graduate, left an investment banking analyst role at HSBC in June 2024 and joined ProphetX as an operations associate in June 2025 before starting the newsletter in April 2026.
The Tunica-Biloxi Tribe of Louisiana has launched the prediction-market app SaltTrade Derivatives. SaltTrade will handle branding, marketing and customer experience, while Kalshi will supply exchange infrastructure, including matching, clearing, custody and surveillance.
DraftKings has gone live in California while Kalshi has recruited lobbyists. The report says Kalshi is working to maintain access to its platform in the state.
DraftKings has introduced DraftKings Predictions in California, citing NBC 7 San Diego. The platform joins Kalshi and Polymarket in the state, where traditional sports betting remains illegal.