Industry News
Polymarket Acquires CFTC-Licensed Exchange and Clearinghouse QCEX for $112 Million
Polymarket, the world’s largest prediction market, announced that it has closed an acquisition of the holding company of a Commodity Futures Trading Commission-licensed derivatives exchange (QCX LLC) and clearinghouse (QC Clearing LLC) (collectively QCEX) for $112 million. The transaction marks a significant step toward expanding access to Polymarket’s category-defining platform in the US, enabling more users than ever to trade prediction market contracts with regulatory clarity and confidence.
“Polymarket is the largest prediction market globally and has become synonymous with understanding the probability of current events. Demand is greater than ever — not just in user growth and trading volume, but in how mainstream audiences are turning to Polymarket to separate signal from noise, bias, and speculation. Now, with the acquisition of QCEX, we are laying the foundation to bring Polymarket home — re-entering the US as a fully regulated and compliant platform that will allow Americans to trade their opinions,” said Shayne Coplan, Founder and CEO of Polymarket.
“When we began the process to obtain our DCM & DCO licenses over 4 years ago, the prediction market was in its infancy. But we have long believed in its potential to change the way people access and understand information and express their views on that information. Shayne has built a cultural phenomenon in Polymarket. I am excited to bring our companies together and leverage our licenses, technology, and expertise in the retail trading sector to help Polymarket reach its full potential,” said Sergei Dobrovolskii, Founder of QCEX.
Polymarket has continued to build significant momentum as the world’s largest prediction market and a trusted source of real-time information. In the first half of 2025 alone, users have already made about $6 billion in predictions on the platform. Most recently, Polymarket announced an official partnership with 𝕏, further solidifying its position at the intersection of politics, markets, and culture.
The acquisition of the QCEX entities paves the way for U.S. users to access Polymarket in the near future within a fully regulated, US-compliant framework. As prediction markets continue to gain mainstream relevance, Polymarket remains the go-to platform for understanding what the world is thinking — and where it’s headed.
SEGG Media Corporation, a leading technology company transforming the global intersection of sports, entertainment, and gaming, has selected IBN, a multifaceted financial news and publishing company serving private and public entities, to spearhead its corporate communications efforts.
SEGG Media aims to deliver immersive, real-time experiences through next-generation technology that redefines how audiences interact with their favorite content and communities. Following a full-scale corporate transformation and rebrand, the company now operates across three high-growth verticals: Sports.com, Entertainment, and Lottery.com.
Sports.com serves as a global hub for sports content with a focus on soccer, sim racing, motorsports, and athlete-led media, with the upcoming Sports.com Super App poised to evolve fan engagement by integrating streaming, e-commerce, fantasy gaming, and sports news. The Entertainment division builds on AI-powered live events and direct-to-fan platforms, while Lottery.com delivers compliant, ethical gaming solutions including iGaming and charitable lottery access to global audiences.
With a $100 million financing facility and strategic acquisitions underway, including proposed deals with GXR World and DotCom Ventures, SEGG Media is executing a multi-vertical expansion strategy designed to unify fragmented fan experiences across live content, gaming, and digital commerce.
As part of the client-partner relationship, IBN will leverage its investor-focused distribution network, which includes over 5000 key syndication outlets, various newsletters, social media channels, and wire services via InvestorWire, along with blogs and other outreach tools, to generate greater awareness for SEGG Media.
Full House Resorts Inc. announced that it has promoted Lewis Fanger to President, Chief Financial Officer, and Treasurer, effective July 11, 2025. The title of President was previously held by Daniel Lee, the Company’s Chief Executive Officer. As previously disclosed, Mr. Lee extended his employment agreement as the Company’s Chief Executive Officer in June 2025.
“Since our arrival approximately ten years ago. Full House Resorts has undergone a significant transformation, from a small regional casino operator to one of the fastest-growing companies in our industry. Lewis’s financial leadership has helped enable that growth, allowing us to improve our existing assets and expand the Company through new developments such as American Place and Chamonix. Lewis has been an invaluable part of our team over the past decade, and his promotion to President will help ensure a continuity of leadership,” Mr. Lee said.
The National Council on Problem Gambling (NCPG) has announced the newly elected members of its Board of Directors, as well as the slate of officers who will lead the organization for the upcoming year.
Following the annual election in June, NCPG members voted to elect the following individuals to serve on the Board of Directors from 2025 to 2028:
• Diana Goode – Affiliates Seat
• Wiley Harwell – Affiliates Seat
• Lori Manson – Affiliates Seat
• Glenn Yamagata – Affiliates Seat
• Jamie McKelvey – Organizations Seat
• Amanda Quintana – Organizations Seat
• Brian Ward – Individuals Seat
Glenn Yamagata and Jamie McKelvey will serve a two-year term from 2025 to 2027.
In addition, the Board has elected the following officers to lead NCPG for the 2025–26 term:
• President: Derek Longmeier, Executive Director, Problem Gambling Network of Ohio
• Vice President: Christina Gray, Executive Director, Indiana Council on Problem Gambling
• Secretary: Wiley Harwell, Executive Director, Oklahoma Council on Problem Gambling and Gaming
• Treasurer: Amanda Quintana, Player Health Manager, Colorado Lottery
The Board’s esteemed leadership and expertise are instrumental in fostering NCPG membership, shaping policies, implementing strategies, and attaining organizational objectives. By leveraging their subject matter knowledge, skills, and experience, Board members are dedicated to serving all NCPG stakeholders through the development of comprehensive policies and programs for all those affected by problem gambling.
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