17 March 2026
Novig, a business founded in 2021 by Harvard students Jacob Fortinsky and Kelechi Ukah, has reached a $500 million valuation after raising $75 million in a Serie B funding round. The New York-based company, which is backed by venture firm Pantera Capital, is aiming to compete with Polymarket and Kalshi.
Evolution reported flat 2025 revenue and a 9 percent EBITDA drop as regulatory pressure in Europe offset growth in North America and emerging markets.
NBA Commissioner Adam Silver says prediction markets should be treated like sportsbooks, even as other leagues explore commercial partnerships with the platforms.
DraftKings is expanding its Predictions event contract app via a new Crypto.com exchange link. The update adds NFL and NBA player markets and broadens the sports menu.
Coinbase is expanding its prediction market strategy as state-level legal challenges intensify across the US.
ARB Interactive is using grocery giveaways to drive sign-ups, mirroring prediction market rivals’ mass-market acquisition tactics.
DraftKings’ softer 2026 guidance triggered a selloff as investors focused on spending tied to prediction markets and expansion plans.
The Mohegan Tribal Gaming Authority is throwing its support behind Connecticut’s push to rein in prediction market operators that tribal leaders argue are infringing on their exclusive gaming rights. The stance came as the casino operator posted a first-quarter profit, aided by a one-time accounting benefit.
FanDuel will stop accepting credit card deposits nationwide on March 2, aligning with DraftKings amid rising compliance pressure.
Evoplay has launched 18 casino titles on BetMGM in Ontario, expanding its regulated Canadian footprint through a major operator partnership.
