Why This Prediction Market Banned Teens

Twenty-eight-year-old Jacob Fortinsky has been busy. “I was a groomsman at two weddings this weekend,” he tells me over Zoom.
Reported by 1 outlet — WIRED. See all sources ↓
Twenty-eight-year-old Jacob Fortinsky has been busy. “I was a groomsman at two weddings this weekend,” he tells me over Zoom. Also, the sports trading company he runs, Novig, launched its prediction market last week, facilitating $18 million in trading volume on its first day. Today, Novig launches a “responsible trading framework” in its exchange rulebook, codifying its guardrails as part of its effort to be seen as a kinder, gentler prediction market player.
Read the full report at WIRED ↗
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- What's the story?
- Twenty-eight-year-old Jacob Fortinsky has been busy. “I was a groomsman at two weddings this weekend,” he tells me over Zoom.
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 8m ago.
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Why This Prediction Market Banned Teens
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