Betr is preparing to enter the regulated event contracts sector in the US by acquiring Ascent Capital Management  – to support the launch of Betr prediction markets later in 2026. The deal gives Betr access to existing NFA (National Futures Association) and CFTC (Commodity Futures Trading Commission) registration needed to legally operate as an introducing broker in prediction markets.

• Betr said the acquisition makes the company a CFTC-registered introducing broker. Ascent Capital Management has held introducing broker registration since 2011. Betr needs this regulatory structure to offer prediction market products linked to federally regulated event contracts.
• Betr prediction markets will be integrated into the company’s existing app later this year. Users will be able to access sports, politics and culture-related event contracts through one wallet and platform. Betr also confirmed the product will be powered by Polymarket technology.
• Founder and CEO Joey Levy said the deal supports the company’s long-term expansion plans. “We can now focus entirely on launching a seamless, compliant prediction markets experience powered by Polymarket,” Levy said. Predictions will sit alongside sportsbook, casino, fantasy and arcade products.
• Betr currently reports more than one million paying users across its products. The company operates sportsbook, fantasy, arcade and casino products across multiple US states. Betr prediction markets are expected to launch during 2026.

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