Novig Reports $125M First-Week Volume in Prediction Market Launch
Novig has reported more than $125 million in notional trading volume during its first week as a nationwide sports prediction market platform, marking a strong early performance following its transition away from traditional sportsbook and sweepstakes operations. The company launched its federally regulated prediction market on August 4 after receiving approval from the Commodity Futures Trading Commission (CFTC) to operate as a designated contract market. Novig’s platform allows users to trade contracts linked to sports outcomes, with the company positioning itself around […] The post Novig Reports $125M First-Week Volume in Prediction Market Launch appeared first on World Casino News.
Novig has reported more than $125 million in notional trading volume during its first week as a nationwide sports prediction market platform, marking a strong early performance following its transition away from traditional sportsbook and sweepstakes operations. The company launched its federally regulated prediction market on August 4 after receiving approval from the Commodity Futures Trading Commission (CFTC) to operate as a designated contract market. Novig’s platform allows users to trade contracts linked to sports outcomes, with the company positioning itself around […]
The post Novig Reports $125M First-Week Volume in Prediction Market Launch appeared first on World Casino News.
