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CFTC Addresses Market Maker Ownership, Underdog Acquired, WNBA Slips Up in This Week’s Bingos & Busts
The CFTC is taking steps to address prediction markets’ cross-ownership of market makers, Underdog has agreed to be bought by a British trading firm, and the WNBA puts heat on itself by posting a video of two players gambling on their own game. In what some in the industry are calling the biggest headline from […] The…
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Prediction Markets Weekly Roundup: Courts Split, New York Sues Kalshi, IG Buys Underdog
Conflicting court rulings and a major acquisition underscored both the legal uncertainty and commercial momentum surrounding prediction markets. Prediction markets saw another eventful week as courts issued conflicting rulings on federal preemption, New York launched a lawsuit against Kalshi, and IG Group agreed to ac…
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IG Group to acquire Underdog in $1.3bn prediction markets deal
IG Group has agreed to acquire Underdog for total consideration of up to approximately $1.3bn, marking the largest strategic move in the company’s expansion into US prediction markets. The transaction comprises an upfront enterprise value of approximately $1.1bn, to be funded through a combination of cash and newly is…
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IG Group makes billion dollar punt on Underdog in move into prediction markets
IG Group's Corcoran and Underdog's Levine have history, dating back to Paddy Power Betfair acquiring Levine's DFS app in 2017.
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IG Group agrees $1.1bn Underdog acquisition to enter US prediction markets
FTSE 100 firm IG Group has agreed to acquire US sports company Underdog in a move which could hold big implications for a variety of sectors. The deal will converge retail trading, prediction markets and sports gaming, putting the UK-listed broker in a position to capitalise on some of the world’s current fastest-grow…
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IG Group Agrees to Acquire Underdog for Up to $1.3 Billion
IG Group Values Underdog’s License Stack The agreement would pair IG’s retail-trading businesses with Underdog’s sports customer base and FCM,… The post IG Group Agrees to Acquire Underdog for Up to $1.3 Billion appeared first on iGaming Express.
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Underdog Launches Prediction Markets on its Own Exchange
Underdog, the sports prediction market and fantasy sports pioneer, announced the launch of its own federally licensed prediction… The post Underdog Launches Prediction Markets on its Own Exchange appeared first on Americas iGaming & Sports Betting News.
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Looking Back at the Biggest Upset in Sports Betting History One Decade Later
There’s no better feeling than betting on a big underdog only to watch them pull off the upset and cash a big ticket in the process. It doesn’t happen often, which is what makes the biggest upsets remain in our collective memory for years to come. Here, we examine the biggest upset in sports betting […] The post Looki…
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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 in early 2026. The exchange is fully owned and operated by Underdog and will be available directly in its existing application. With the new pred…
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Underdog launches proprietary CFTC-licensed prediction market exchange
First sports company with full license stack
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Underdog Sports Launches Prediction Market on CFTC-Regulated Exchange
The fantasy sports operator Underdog Sports has completed its pivot to the prediction market sector, just months after laying off 20% of its staff and snapping up a derivatives clearing platform. The firm said it had launched its own “federally licensed prediction market exchange.” In a press release, it said the plat…
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Underdog Brings Prediction Markets In House
Underdog launched its own prediction markets exchange Saturday, ending its reliance on third-party exchanges. The launch comes four months after buying Aristotle Exchange DCM and Aristotle Exchange... The post Underdog Brings Prediction Markets In House appeared first on Legal Sports Report.
Read summary →World Cup final: Lionel Messi backed by 82% of Betano users to lift consecutive World Cups
They think it’s all over… it is now. Well, kind of. England’s devastating semi final defeat to a Lionel Messi-inspired Argentina means the 2026 World Cup final on Sunday will be contested between Argentina and Spain. And despite being the underdogs, it’s the South Americans who are clearly the punters’ favourites acco…
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England vs. France World Cup Odds, Picks & Predictions
England and France meet in the third-place match at the World Cup on Saturday. Kickoff from Hard Rock Stadium in Miami is set for 5 p.m. ET with live coverage on FOX. Kalshi is offering France as the -178 favorite and England as the +170 underdog. The draw is priced at +285. England vs. France […] The post England vs.…
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England vs. Argentina World Cup Odds, Picks, Predictions
The World Cup offers up another banger of a semifinal on Wednesday when England meets Argentina at Mercedes-Benz Stadium in Atlanta. Kickoff is set for 3 p.m. ET with live coverage on FOX. Kalshi is dealing England as a -122 favorite to advance. Argentina is the +117 underdog to move on to what would be […] The post E…
Read summary →France vs. Spain World Cup Odds, Picks & Predictions: Bet on Les Bleus to Advance
France and Spain collide in the semifinals of the 2026 World Cup on Tuesday. Kickoff from AT&T Stadium in Arlington, Texas, is 3 p.m. ET with live coverage on FOX. France is the -150 favorite to advance at Kalshi, with an implied probability of 60%. Spain is a +144 underdog (41%). Kalshi again offers better […] The po…
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Norway vs. England World Cup Odds, Picks & Predictions: Bet on Both Teams to Score
Norway and England meet in another critical World Cup match on Saturday with a semifinal berth on the line. Kickoff from Hard Rock Stadium in Miami is set for 5 p.m. ET with live coverage on FOX. Polymarket offers England as a -184 favorite to advance. Norway is listed as the +182 underdog. Norway vs. […] The post Nor…
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France vs Morocco Prediction & Picks: 2026 FIFA World Cup Quarter Finals
France vs Morocco is set to be a historic quarterfinal, with the underdog story of the tournament facing one of the world’s most elite soccer squads, and this will show. The question, as always is, can the underdog put up a good fight – or even upset expectations by pulling ahead and securing an outright […]
Read summary →Mexico vs Ecuador Prediction & Picks: 2026 FIFA World Cup Round 32
Ecuador (+150) is coming in as the underdog to advance out of the Round of 32 against Mexico (-170), the tipped favorite. Yet, this is going to be a volatile, and likely high-scoring game with both teams committing mistakes, and able to exploit slips in each other’s play. While Mexico may be a slight favorite […]
Read summary →France vs Sweden Prediction & Picks: 2026 FIFA World Cup Round 32
France and Sweden are going to clash as the two teams head into the Round of 32 from completely different positions. France – from one of strength, and Sweden from one of acknowledging that it has rather limited chances of advancement. However, both Morocco and Paraguay managed to overcome their underdog positions, an…
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Hot Copy: Cheering for the underdog?
Industry commentary highlights competitive tensions between Stake and Entain, World Cup betting activity, and casino industry perspectives from veteran dealers.
Read summary →Brazil vs Scotland Prediction & Picks: 2026 FIFA World Cup Group Stage
Sports prediction content analyzing Brazil versus Scotland in 2026 FIFA World Cup group stage, noting Brazil's mixed form and Scotland's underdog status.
Read summary →Christian Rodriguez vs Hyder Amil UFC Vegas 119 Odds, Preview, Where To Watch
Christian Rodriguez faces Hyder Amil at UFC Vegas 119, part of a card featuring competitive matchups with potential for upsets.
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