13 Oct01 Deals & 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
Coverage since 18 August 2026. Open in the feed
Get it flagged in Friday’s five whenever it moves.
Companies
Polymarket, Kalshi, Coinbase, ProphetX, Crypto.com, Robinhood
Regulators
Countries
Fines reported (distinct source figures, summed)
USD 5,000,000
Company dossier
Computed from The Weekly Edge graph and entries. No model-generated numbers.
Entries14
Last 30 days2
Markets1
Deals and partnerships1
Activity summary: Novig appears in 14 entries across 1 market (mainly USA). By desk: Deals & M&A 7, Regulation 4, Enforcement & compliance 3. Computed from our records only.
Licences by market (0)
None recorded.
Deals and partners (1)
- Partner: New York Mets 2026-08-26 · entry
Suppliers and customers (0)
None recorded.
People moves (0)
None recorded.
Compliance record (3)
- Ohio Casino Control Commission orders prediction market businesses to halt sports contracts 2026-10-09
Appeal: Appeal lodged - Connecticut orders nine prediction market companies to stop unlicensed sports betting 2026-09-11
- Connecticut DCP orders nine prediction platforms to halt sports contracts 2026-09-11
Relationships
Typed links extracted from our entries: fines, licences, deals, tenders, appointments and partnerships.
Network
Novig and the entities it is linked to. Drag to explore; click a node to open its page.
Loading network…
Timeline
Newest first, grouped by month.
October 2026
9 Oct05 Enforcement & 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, PlayUSA reported.
September 2026
14 Sep04 Regulation
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.
11 Sep05 Enforcement & 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 Sep05 Enforcement & 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.
9 Sep01 Deals & 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 Sep01 Deals & 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 Sep01 Deals & 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 Aug01 Deals & 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 Aug04 Regulation
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 Aug04 Regulation
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.
19 Aug01 Deals & 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 Aug04 Regulation
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 Aug01 Deals & 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.