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Why This Prediction Market Banned Teens

Jacob Fortinsky, the CEO and cofounder of the new prediction market Novig, says his outfit isn’t like those other markets. You know the ones.

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morningstar.com

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wired.comStai leggendo6 g fa

Why This Prediction Market Banned Teens

Novig's sports prediction market ($18M opening volume) sets 21+ access and compliance guardrails, differentiating from Polymarket/Kalshi amid regulatory battles. With SCOTUS looming, platforms are pivoting from retail to institutional traders (algo shops, banks); that flow concentration shapes governance, compliance risk, and stack decisions for CTOs navigating regulated exposure.

originale

morningstar.com6 g fa

Novig Establishes Industry-Leading Responsible Trading Framework for Federally Regulated Prediction Markets

Novig codified in Ludlow Exchange rulebook a responsible trading framework with 21+ verification, deposit limits and risk monitoring—first to embed compliance in rules. For operators: compliance must embed in rulebook, not optional tools—prerequisite for CFTC DCM designation and nationwide scaling.

Timeline cronologica

giovedì 13 agosto 2026·wired.com
Why This Prediction Market Banned Teens
Jacob Fortinsky, the CEO and cofounder of the new prediction market Novig, says his outfit isn’t like those other markets. You know the ones.
giovedì 13 agosto 2026·morningstar.com
Novig Establishes Industry-Leading Responsible Trading Framework for Federally Regulated Prediction Markets
Novig Establishes Industry-Leading Responsible Trading Framework for Federally Regulated Prediction Markets