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Sports
September 19, 2025
Underdog Adds New CFO, CMO Following Event Contracts Launch
The “fastest-growing sports gaming company ever”, founded in 2020 by Jeremy Levine, Underdog, has made some bold moves in an attempt to strengthen its leadership bench while doubling down on growth in the sports prediction space. The startup revealed this week that it has hired Rishi Garg as its new chief financial officer and Kimberly […]
Industry
September 2, 2025
Crypto.com to Power Underdog’s Prediction Markets Foray
Fantasy and sports betting specialist Underdog has unveiled a new partnership with Crypto.com, a Singapore-based cryptocurrency exchange company. Thanks to the new partnership, Underdog will make a foray into the fast-growing prediction markets space. Underdog to Hop on the Prediction Markets Train Prediction markets are a fairly novel form of gaming that pairs trading stocks […]
Industry
May 19, 2025
Underdog Fantasy Makes Sudden Comeback in New York
Just weeks after abruptly withdrawing from New York, Underdog Fantasy has announced the return of its signature draft-style daily fantasy sports (DFS) contests in the state. This development marks a substantial strategic success for the company and a rare second chance in one of the USA’s strictest regulatory markets. The triumphant return will allow Underdor […]
Industry
March 18, 2025
Underdog Exits New York amid Regulatory Scrutiny
Daily Fantasy Sports (DFS) operator Underdog Fantasy has agreed to a $17.5 million settlement with the New York State Gaming Commission (NYSGC). The operator will withdraw its drafts and pick’em games from the state market after contending with allegations of unlawful operations. Despite this setback, the company plans to return to the Empire State and […]
Business
December 10, 2024
Underdog’s Peer-to-Peer Shift Enabled Business Growth
Underdog Fantasy, a leading daily fantasy sports (DFS) operator, has deviated from its original operating model in several states in an attempt to expand its business while remaining compliant with local regulations. As a result, it now operates player-versus-house DFS in half of its US markets and peer-to-peer in the rest. The Company Went Peer-to-Peer […]
Sports
February 29, 2024
Underdog Fantasy Trims Offering in Multiple US States
There’s a range of daily fantasy sports (DFS) operators that are offering their services across the United States. But while some states permit the activity, in others, a regulatory framework is missing, which otherwise means that those companies operate in a grey area. With more states anticipating legislation and regulation of DFS, some companies are […]
Industry
October 10, 2023
Underdog Fantasy Launches “GuardDog” Initiative
Prominent daily fantasy sports operator Underdog Fantasy aims to proactively tackle gambling harm through its new “GuardDog” initiative. The program will provide startups focused on developing innovative and responsible gambling solutions with the necessary support and funding. This move coincides with the industry’s ongoing pivot towards reducing its negative societal impact. The Initiative Will Help […]
Sports
August 11, 2023
Underdog Fantasy Criticizes FanDuel and DraftKings’ Dominance
Since the Professional and Amateur Sports Protection Act’s (PASPA) repeal by the Supreme Court in 2018, a statewide expansion of sports betting began. While wagering on sports was just starting at the time, daily fantasy sports (DFS) also known as fantasy sports contests, were already popular across the US. The innovative activity captured the attention […]
Business
May 23, 2023
Underdog and GeoComply Sign Product Deal for North America
The globally recognized fraud and risk solutions provider, GeoComply, announced it entered into a new agreement Tuesday. The company expanded its portfolio of partners by joining forces with Underdog, the up-and-coming fantasy sports and online sports gaming operator. Thanks to the freshly minted partnership, the operator gained access to GeoComply’s leading technology and solutions, including […]
Esports
December 15, 2022
Underdog Secures Ohio Sports Betting License
One of the fastest-growing fantasy sports companies, Underdog Sports, announced Wednesday it secured a license in Ohio. Ohio Regulator Grants Underdog Sports Betting License The company revealed that the entry into Ohio comes after it secured a license for online sports betting from the gambling regulator in the state, the Ohio Casino Control Commission. Having […]
