Novig's exchange sues Arkansas attorney general and racing commissioners

Ludlow Exchange LLC, which operates the Novig prediction market, has sued Arkansas officials in federal court in Little Rock. According to the public docket, the company filed a complaint for declaratory and injunctive relief in the U.S. District Court for the Eastern District of Arkansas on November 12, 2026. The case, Ludlow Exchange LLC v. Griffin, No. 4:26-cv-01259, is assigned to Judge Kristine Gerhard Baker.

On November 13, the clerk issued summonses to Attorney General Tim Griffin and to Steve Anthony, Denny East, Mark Lamberth, Steve Landers, Alex Lieblong, Michael Post and John Schmelzle. Those seven names are the current members of the Arkansas Racing & Gaming Commission. The docket also includes a Rule 7.1 corporate disclosure statement and a notice of related case that cites No. 4:26-cv-01226-KGB — the November 9 lawsuit by Crypto.com-owned OG.com against Griffin and the same seven commissioners, which is also before Judge Baker.

The complaint itself is not yet in the public RECAP archive, so the legal theories and the specific relief sought, beyond the docket's title, have not been independently reviewed. AskSpinner will update this article when the filing becomes available.

The new case adds a third prediction-market operator to the federal docket in Arkansas this month. Polymarket US sued Griffin in the Western District on November 9, and the United States and the CFTC sued the state and Griffin in the Eastern District on November 12. Those actions are listed in AskSpinner's prediction-market litigation tracker.