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DraftKings and Underdog take the lead in applying for Missouri sports betting licenses, showing early signs of market competition.

DraftKings and Underdog take the lead in applying for Missouri sports betting licenses, showing early signs of market competition.

The legalization of sports betting in Missouri is just getting started, with two well-known operators taking the lead. In June, the Missouri Gaming Commission (MGC) confirmed that DraftKings and Underdog Fantasy were among the first to submit operational applications, marking the official opening of

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After Series C funding, Underdog Fantasy's valuation surpasses $1 billion.

After Series C funding, Underdog Fantasy's valuation surpasses $1 billion.

Underdog Fantasy is a US-based company focused on a sports betting social gaming platform, with a business model that sits between traditional sports betting and Fantasy Sports, providing users with competitive prediction game services in a legal and compliant manner.Underdog describes the financing

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Underdog’s Peer-to-Peer Shift Enabled Business Growth   

Underdog’s Peer-to-Peer Shift Enabled Business Growth   

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

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Underdog expands, alters pick’em market after state crackdowns

Underdog expands, alters pick’em market after state crackdowns

Underdog Fantasy found itself at a crossroads in 2023.The daily fantasy sports operator faced severe regulatory pushback over its pick’em games, where users could stake money on outcomes similar to player prop parlays at licensed sportsbooks.But as of today, Underdog Fantasy has expanded its reach f

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Underdog Fantasy ranks No. 15 on LinkedIn’s Top Startups list

Underdog Fantasy ranks No. 15 on LinkedIn’s Top Startups list

Sports gaming and media company Underdog Fantasyhas been ranked No. 15 on LinkedIn’s 2024 Top Startups list in the United States. This marks the second consecutive year the company has been included on the prestigious list, which recognizes startups for employment growth, engagement, job interest, a

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