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 — the potential sale of Novig, one of the fastest-growing prediction market platforms.

Chris and Joel break down:

💡 The business and regulatory challenges of acquiring a prediction market platform

⚖️ The sustainability of prediction markets in a competitive landscape

📊 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?

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