Underdog just sold to IG group for $1.3 billion and the state of New York is suing Kalshi for $36 billion. This week we also discuss BetBash, the annual sports gambling networking conference in Vegas. We talk about what to expect, advice if you’re a first timer and people we’re excited to see.
Then, we officially introduce MAG: Manhattan Athletic Group. MAG is Novig's new market making firm dedicated exclusively to sports prediction markets. We explain why we built MAG and why we’re so excited about what's ahead. We wrap up by discussing the CFTC's new proposal and what it could mean for the broader prediction market ecosystem.
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