IG Targets Prediction Market Growth Through Underdog Buyout
IG Group has agreed to acquire U.S.-based daily fantasy sports and prediction markets operator Underdog in a transaction valued at up to $1.3 billion, marking one of the largest deals to date in the emerging prediction markets sector. The agreement gives the UK-listed trading and investing company a significantly larger presence in the United States while advancing a strategy focused on expanding beyond its traditional financial trading products. The acquisition combines IG’s established brokerage and trading operations with one of […] The post IG Targets Prediction Market Growth Through Underdog Buyout appeared first on World Casino News.
IG Group has agreed to acquire U.S.-based daily fantasy sports and prediction markets operator Underdog in a transaction valued at up to $1.3 billion, marking one of the largest deals to date in the emerging prediction markets sector. The agreement gives the UK-listed trading and investing company a significantly larger presence in the United States while advancing a strategy focused on expanding beyond its traditional financial trading products. The acquisition combines IG’s established brokerage and trading operations with one of […]
The post IG Targets Prediction Market Growth Through Underdog Buyout appeared first on World Casino News.
