Underdog News & Prediction Market Coverage
Track the latest Underdog news across prediction markets. Prediction News is following 44 active Underdog stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
DraftKings CEO Jason Robins to keynote NEXTPredict 2026 event-contracts conference
LegalOhio senator DeMora urges sports betting laws for prediction markets
LegalCrypto.com and Novig sue Missouri to halt sports event contract enforcement
LegalUnderdog sues Tennessee to block prediction market enforcement
DealsNovig's Sydney Sweeney campaign drove 362% depositor surge as 79% of users lost money
LegalGoogle requires CFTC DCM license for prediction market ads, blocks five states
LegalSeminole Tribe sues DraftKings, CEO Robins, and DraftKings Predictions over Florida prediction markets
TechCrypto.com, Robinhood, Novig, and Underdog Predict featured at Predict 2026 in New York
TradingKalshi retakes NFL pricing edge from FanDuel, DraftKings in Week 4
DataMacquarie forecasts $187B prediction market taker volume for 2026
OpinionIG Group CEO questions economic value of Kalshi and Polymarket volume records
LegalConnecticut cease-and-desist orders push Gemini, Prophet X, and WeBull to exit state
DealsUnderdog CEO tells IG investors what $1.3B buys in prediction markets
LegalPrizePicks suspends Missouri team picks as state pressure widens
LegalOhio casino commission sends 10 cease-and-desist notices to prediction market operators over sports event contracts
LegalKalshi leads $3 million industry lobbying push against state prediction market rules
LegalNew York and Polymarket file dueling lawsuits over state gambling authority
LegalMissouri AG Hanaway orders six platforms to halt sports event contracts
TechUnderdog deploys Eventus Validus platform for trade surveillance
LegalNew Jersey, Robinhood, and Crypto.com petition Supreme Court on sports event contract preemption
LegalMissouri AG orders Polymarket, Kalshi, and four other platforms to halt sports event contracts
TradingKalshi hits $6B NFL weekend record on longshot parlay flow
TradingKalshi traders price full NFL Week 2 slate as media outlets benchmark against Polymarket
LegalUnderdog sues Connecticut to block sports event contract crackdown
LegalConnecticut orders nine prediction markets to halt sports contracts
TradingFanDuel Predicts claims 50-state reach while hitting Colorado sports limits
LegalConnecticut sues Kalshi to block sports event contracts
TradingCollege football prediction market trading reaches $790M
TradingChiefs option on Polymarket Broncos vs. Chiefs submarket drops to 23.5%
LegalUnderdog drops fantasy sports in seven states, sues five to protect prediction markets
TradingNovig posts $125 million in first-week sports prediction market volume
TradingNovig and Underdog grab 35.5% and 48.3% combo shares in EKG prediction market data
LegalNew Jersey asks Supreme Court to settle Kalshi sports-contracts fight
DealsOnyx Odds raises $20M Series A led by Payward to build prediction market product
LegalCME and Kalshi executives clash at CFTC as New York seeks $36B in damages
TradingPolymarket US Combos hit 20% share in first week as multi-leg contracts surge
OpinionKalshi and Polymarket push into drug and TV betting amid insider-trading and tax warnings
LegalAristotle exchange companies sue Underdog and CEO over acquisition deal
DealsIG Group to acquire Underdog for up to $1.3 billion
DealsNovig hires Underdog's Warrington to lead external affairs
LegalPrediction market arbitrage gaps hit 12 live opportunities across Robinhood, Kalshi, and Polymarket
DealsFanatics acquires BGC exchange and clearinghouse, will partner on prediction markets
TradingWorld Cup drives record prediction market volumes as Congress weighs bans
DealsUnderdog launches UDX, its own CFTC-regulated exchange for sports contracts
Frequently Asked Questions
Does Underdog offer prediction markets?
Yes, Underdog launched sports prediction markets in 16 U.S. states in late 2025 via a partnership with Crypto.com and later acquired Aristotle Exchange to offer its own event contracts.
What is Underdog's partnership with Crypto.com?
Underdog partnered with Crypto.com Derivatives (a CFTC-registered entity) to integrate sports prediction markets into its app, marking one of the first integrations of federally compliant event contracts by a major fantasy/sports gaming operator.
Is Underdog part of the Coalition for Prediction Markets?
Yes, Underdog is a founding member of the Coalition for Prediction Markets, formed in December 2025 with Kalshi, Crypto.com, Coinbase, and Robinhood to advocate for federal CFTC oversight.
What states is Underdog available in for prediction markets?
Underdog's prediction markets launched in 16 states focused on areas where traditional sports betting is banned or restricted.
Has Underdog acquired a prediction market exchange?
Yes, in March 2026 Underdog acquired Aristotle Exchange, a designated contract market, to gain the ability to list and settle its own event contracts independently.