Underdog Sold to UK’s IG Group in Potential $2.15B Deal

UK's IG Group bets big on US prediction markets with $1.3 billion Underdog deal

IG Group acquires U.S. prediction markets operator Underdog for $1.3 billion, establishing market leadership in fast-growing retail trading segment. Signals prediction markets as major expansion vector despite emerging regulatory framework; IG forecasts double-digit EPS accretion by year three.