Prediction Markets
February 18, 2026
Novig Secures $75M in Series B Funding Round
Novig, a fast-growing sports trading platform designed with the sports fan in mind, announced the closure of a Pantera Capital-led Series B funding round. The extra money will allow Novig to grow its platform and introduce improvements that set it apart from the competition. The Company Secured $75M to Grow Its Predictions Platform In its […]
Prediction Markets
February 18, 2026
TRUEiGTECH Introduces Enterprise-Grade Prediction Market Platform for Operators
TRUEiGTECH has announced a new enterprise-grade prediction market platform that will allow any interested third party to quickly set up and enter the ecosystem, providing a product designed to facilitate outcome-based or event-driven trading markets at scale. Prediction Markets Poised to Grow, TRUEiGTCEH Provides the Tools for Operator Success The company’s product arrives at a […]
Prediction Markets
February 18, 2026
CFTC Backs Prediction Markets as US States Fight Back
The US derivatives watchdog is stepping up to defend prediction markets as legal fights with state authorities heat up. Michael Selig, who heads the Commodity Futures Trading Commission (CFTC), said the agency filed a brief supporting Crypto.com in a case at the Ninth US Circuit Court of Appeals. This move points to a wider push […]
Prediction Markets
February 17, 2026
SEC Seeks Coordination with CFTC as Prediction Markets Regulation Remains Blurry
The US Securities and Exchange Commission (SEC) has highlighted the divisive prediction markets sector as a topic of huge importance. As a result, the SEC is seeking alignment of its vision with the Commodity Futures Trading Commission’s (CFTC) stance. Prediction Market Regulations Remain a Point of Contention Prediction markets are a novel form of entertainment […]
Prediction Markets
February 17, 2026
CFTC Welcomes Prediction Market CEOs to New Innovation Advisory Committee
The Commodity Futures Trading Commission (CFTC) is collaborating with some of the most influential names in the prediction market industry. This week, chairman Michael Selig unveiled the Innovation Advisory Committee. The new body will help the CFTC shape policy for emerging financial products, leveraging the expertise of executives, academics, and infrastructure leaders. The New Committee […]
Prediction Markets
February 17, 2026
NBA Commissioner Says Prediction Markets Are Betting, But Decision Rests with Lawmakers, Courts
Commissioner Adam Silver is bucking the trend at a time when major leagues are, for all intents and purposes, endorsing prediction markets. The NBA isn’t so sure, but the league’s say in the matter is limited, says Silver. Silver Says Lawmakers, Courts Ought to Settle Prediction Market Betting Dilemma Ahead of the All-Star game over […]
Prediction Markets
February 16, 2026
MLB Commissioner Suggests League Should Work with Prediction Markets
During meetings with team owners in Palm Beach, Florida, Major League Baseball Commissioner Rob Manfred has announced that the league is considering a new partnership with prediction market platforms as part of its efforts to strengthen integrity safeguards. Commissioner Manfred Wants to Work With Prediction Markets According to the announcement, the organization hopes that partnering […]
Prediction Markets
February 16, 2026
Mohegan Tribe Backs Crackdown on Prediction Markets
The Mohegan Tribal Gaming Authority is backing Connecticut’s efforts to rein in prediction market platforms that executives say are infringing on the tribes’ exclusive gaming rights. The announcement came as Mohegan reported a first-quarter profit, largely driven by a one-time accounting gain. “Exclusivity On All Forms of Gaming” During an earnings call last Thursday, February […]
Prediction Markets
February 16, 2026
FanDuel CEO: Prediction Markets Won’t Hurt Sportsbooks
FanDuel’s chief executive officer, Amy Howe, has made it clear: prediction markets are not siphoning customers from regulated sportsbooks, despite one platform recording a whopping trading jump of nearly 1,400% leading up to the Super Bowl. “They Don’t Offer the Variety of Bets Fans Expect” In an interview with CNBC, Howe explained the distinct appeal […]
Prediction Markets
February 12, 2026
CFTC’s Favorable Stance on Prediction Markets Sparks State Backlash
The Commodity Futures Trading Commission (CFTC)’s increasingly favorable stance on prediction markets has created fresh tension with state lawmakers and gaming regulators, as CFTC chairman Michael Selig has signalled his intention to support federal oversight over such platforms. With rising legal challenges, the future of prediction platforms will likely be decided in federal court. The […]