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Underdog sues Connecticut over sports prediction-market orders
The company says federal commodities law pre-empts state gambling enforcement, while Connecticut says sports betting requires a state licence.
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Underdog sues five states over prediction markets
The company says state gambling laws are pre-empted by federal commodities rules.
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Novig and Underdog take share in prediction-market combos
Eilers & Krejcik data show multi-leg trades reached half of August volume, with DraftKings arriving late and still generating a burst of activity.
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Aristotle sues Underdog over IG Group deal terms
The Delaware case comes after Underdog bought Aristotle’s exchange and clearinghouse, and while its $1.3 billion sale to IG Group is still awaiting approval.