TLDR Tech / Crypto
Prediction market Novig sues Wisconsin AG over sports contracts
Novig, a sports-only prediction market that requires users to be 21+ and recently signed an exclusive partnership with the New York Mets, preemptively sued Wisconsin's AG and gaming administrator, arguing its CFTC-designated contract market status preempts the state's gambling ban. It's Novig's fifth state lawsuit since August 4 (after New York, New Mexico, Massachusetts, and Washington), filed as Wisconsin's earlier suits against Kalshi, Polymarket, Robinhood, Crypto.com, and Coinbase remain pending in the same federal court, where a judge already denied the CFTC's own preliminary injunction request in a parallel case.
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