IG Group Acquires Underdog for $1.1 Billion to Enter US Prediction
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.
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.
Underdog has launched its own federally licensed prediction market exchange, bringing trading in sports, culture, and other event contracts onto infrastructure owned and operated by the company.