novig

NY court rejects Novig's request for an injunction

- New York state court rejected Novig's request for an injunction
- The court determined that sports event contracts are not swaps
- New York can enforce gambling laws against Novig
- Legal issue involving crypto businesses
#BinanceSquare #CryptoNews #Novig #GamblingLaws

$btc $eth

#vlikevn Titanbot

Source: The Block

🔥 The Sydney Sweeney effect

After her viral ad for prediction market Novig:
📈 Trading volume +94%
💰 First-time depositors +218%
📲 App downloads +187%
🦄 Reported valuation: $500M → $2B

#SydneySweeney #PredictionMarkets #Novig

Louisiana sues Kalshi, Robinhood and other prediction markets

Louisiana Attorney General Liz Murrill said she filed a lawsuit against #Kalshi , #Robinhood , #Polymarket , #Forecastex , #Cryptocom, #Coinbase, #Novig , Underdog, #Gemini and #ProphetX, accusing the platforms of violating state law.

On November 12, the court temporarily barred the defendants from offering event contracts to Louisiana residents without a state gambling license. The companies maintain that their platforms fall under federal CFTC regulation. A hearing on whether to extend the restriction is scheduled for November 30.

👉 theblock.co/news/regulation/2026-11-12-louisiana-sues-kalshi-robinhood-other-prediction-markets-escalating-regulatory-fight-439052