Underdog sues Connecticut over sports event contracts
The lawsuit follows after the Department of Consumer Protection of Connecticut sent 9 prediction markets cease-and-desist orders, including Underdog, Polymarket, Coinbase,...
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Underdog sues 5 US states over prediction markets
Underdog has filed lawsuits against Massachusetts, New Mexico, Ohio, Washington, and Wisconsin to stop the states from enforcing gambling laws against its prediction market...
Underdog drops daily fantasy in 7 states over predictions clash
Underdog has revealed that it has surrendered its daily fantasy sports licenses in 7 U.S. states in order to be able to keep offering its prediction market products in those...
Underdog confirms $1.3B acquisition by IG Group
Financial technology and crypto trading firm IG Group has announced that it has made a $1.3 billion bid to acquire daily fantasy sports and prediction markets operator...
Underdog reveals new in-house prediction market
Daily fantasy sports operator Underdog has announced the launch of its new in-house prediction market platform following its acquisition of CFTC-regulated Aristotle Exchange...
Underdog announces the acquisition of Aristotle Exchange
Underdog, the sports betting, fantasy, and prediction markets operator, has announced the acquisition of CFTC-registered Aristotle Exchange on March 9, 2026.Aristotle...
Underdog cuts 125 workers as part of a strategic refocus
As Underdog changes its focus from traditional sports betting and fantasy contests to prediction markets, the company has decided to lay off 125 employees, of which...
Underdog to exit North Carolina betting market
Underdog is exiting the North Carolina sports betting market and will cease betting on December 16, 2025, with full sportsbook operations ending on December 17, 2025.The...
Nine operators apply for licenses ahead of Missouri’s sports betting launch
Nine sportsbook operators have applied to the Missouri Gaming Commission ahead of the state’s September 12 deadline, all aiming to launch mobile betting on December 1.
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