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Prediction Market Movers
Prediction News
16 episodes
1 day ago
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Will Novig Be Sold? Joel Simkins on Prediction Market Acquisitions | Prediction Market Movers
Prediction Market Movers
27 minutes
2 months ago
Will Novig Be Sold? Joel Simkins on Prediction Market Acquisitions | Prediction Market Movers
On this episode of Prediction Market Movers, host Chris Gerlacher sits down with Joel Simkins, CEO and founder of XST Capital Group, for an in-depth conversation about the future of prediction markets and what could be one of the biggest shakeups in the space β€” the potential sale of Novig, one of the fastest-growing prediction market platforms. Chris and Joel break down: πŸ’‘ The business and regulatory challenges of acquiring a prediction market platform βš–οΈ The sustainability of prediction markets in a competitive landscape πŸ“Š What a Kalshi or Polymarket acquisition could mean for the industry #PredictionMarkets #Novig #JoelSimkins #XSTCapital #Kalshi #Polymarket #Fintech #CryptoTrading #FinancePodcast #MarketMovers #PredictionMarketMovers #MarketTrends #TradingPlatforms 00:00 - Intro 1:30 Skeptic about a possible acquisition 2:30 - Different types of acquisition deals 3:30 - Novig rumors 5:30 - Investor/founder aftermath 7:00 - Sweepstakes being outlawed 9:00 What makes prediction markets more sustainable? 11:15 - Acquisition wars in the prediction markets 13:00 - Market breakdown after Kalshi/Poly 15:00 - Regulatory risks in the industry 21:20 - Deal terms and earn outs with acquisition 22:40 - Administration changes impacting deals acquisition 24:00 - Future of prediction markets 26:00 - Will Kalshi/Poly dominate the market? πŸ‘‰ Subscribe to Prediction Market Movers for weekly conversations with traders, legal experts, entertainers and industry insiders shaping the future of prediction markets. For more information on the prediction markets visit www.predictionnews.com
Prediction Market Movers