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Novig appeals New York injunction loss to Second Circuit
Judge Colleen McMahon found the company’s sports event contracts were sports betting rather than swaps under federal commodities law.
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Novig asks federal court to block Wisconsin gambling case
The prediction-market firm says state gambling law is pre-empted by federal regulation, while the attorney general says the platforms are disguising sports betting as event contracts.
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Novig codifies a 21+ trading floor in its rulebook
The prediction-market exchange says its new framework builds age checks, self-exclusion, marketing limits and risk monitoring into the platform’s operating rules.