Underdog News 2026
AI-GENERATEDFlorida Sports Betting 2026: Hard Rock Monopoly and the Prediction Market Boom
As of November 2026, Hard Rock Bet remains the sole legal sportsbook in Florida, while Daily Fantasy Sports and prediction markets like Kalshi occupy a legal gray area.
AI-GENERATEDBrokerage Giant IG Group Applies for UK Gambling License to Launch Prediction Markets
IG Group is expanding into sports and political betting markets. The firm applied for a UK license and plans a launch in early 2027.
AI-GENERATEDUnderdog Sues Tennessee Challenging State Authority Over Prediction Markets
Underdog has filed a federal lawsuit in Nashville, arguing that federal law preempts Tennessee's attempts to regulate prediction markets under gambling statutes.
AI-GENERATEDUnderdog sues five states over sports contracts after surrendering DFS licenses
Underdog has filed federal lawsuits against five US states, including Ohio and Massachusetts, to protect its CFTC-regulated products from local gambling laws.
AI-GENERATEDUnderdog Exits Fantasy Sports in Seven States to Prioritize Prediction Markets
Underdog is withdrawing its fantasy sports offering from seven US states to focus on prediction markets. CEO Jeremy Levine confirmed the shutdown of Drafts for September 10.
AI-GENERATEDUS Gaming Shift: Fliff and Onyx Pivot to Prediction Markets Amid Pressure
Faced with regulatory scrutiny, Fliff and Onyx Odds filed for FCM registration on August 12 to enter the federally regulated event contract sector.
AI-GENERATEDiGaming Shift: IG Group Acquires Underdog and Austria Ends Gambling Monopoly
IG Group agrees to buy US operator Underdog for up to $1.3 billion, while Austria notifies the EU of its move to end the national online casino monopoly.
AI-GENERATEDIG Group Acquires Underdog for $1.3bn Amid New CFTC Prediction Market Rules
IG Group is set to acquire Underdog in a deal worth up to $1.3 billion, while the CFTC proposes new regulations to curb conflicts of interest in prediction markets.
AI-GENERATEDUnderdog Launches In-House Prediction Market Following Aristotle Exchange Acquisition
Underdog, known for daily fantasy sports, has launched its new in-house prediction market platform. This follows the acquisition of CFTC-regulated Aristotle Exchange in early 2026. The offering is available directly within the existing Underdog app, covering sports, culture, and other markets.

