16 OctRegulation
Underdog sues Tennessee over event contract enforcement
The lawsuit challenges Tennessee’s ability to apply state wagering laws to Underdog’s event contract platform.
IG Group
Business and regulatory developments involving IG Group. Open in the feed
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Company dossier
Licensing, commercial relationships and regulatory developments.
Licences by market
- UK
- IG Group seeks UK sports betting licence 2026-10-14
People moves
- Breon Corcoran joined 2026-10-12 · entry
Relationships
Reported licences, deals, appointments and other connections. Follow the entry links for context.
Timeline
Newest first, grouped by month.
October 2026
14 OctLicences & markets
IG Group seeks UK sports betting licence
IG Group’s sports betting licence application follows its acquisition of US prediction market Underdog.
12 OctRegulation
IG Group CEO questions prediction market volumes and anticipates US Supreme Court intervention
Corcoran’s comments raise questions about prediction platforms’ volume reporting and legal uncertainty surrounding sports event contracts.
9 OctRegulation
IG Group CEO expects earlier clarity on prediction markets
IG Group says it is prepared for a potential adverse Supreme Court ruling on sports event contracts.
7 OctDeals & M&A
Underdog doubles Q3 revenue as IG cuts 2026 outlook
Investors face doubled Underdog Q3 revenue alongside IG’s lowered 2026 outlook ahead of deal completion.
August 2026
3 AugDeals & M&A
IG’s planned Underdog purchase targets US exchange infrastructure
The planned transaction would bring regulated exchange and clearing capabilities into IG’s prediction-market expansion.
3 AugDeals & M&A
IG Group chief executive acknowledges prediction-market regulatory uncertainty
The comments identify regulatory uncertainty as a consideration in IG Group’s Underdog transaction.
July 2026
31 JulDeals & M&A
IG Group acquires Underdog for $1.3bn
The acquisition adds Underdog’s gaming and prediction market business to IG Group.
31 JulDeals & M&A
IG Group agrees $1.1bn acquisition of Underdog
The proposed purchase would give IG Group an entry into US prediction markets.
30 JulDeals & M&A
IG Group agrees Underdog acquisition worth up to $1.3bn
The proposed acquisition would expand IG Group’s presence in prediction markets.
30 JulDeals & M&A
IG Group agrees to buy Underdog for up to $1.3bn
The proposed purchase would give IG Group an established US prediction-markets business.
Connected to
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Acquired
Appointment
Breon Corcoran
Timeline
Key developments by month.
- Oct 2026
- Regulation Underdog sues Tennessee over event contract enforcement
- Licences & markets IG Group seeks UK sports betting licence
- Regulation IG Group CEO questions prediction market volumes and anticipates US Supreme Court intervention
- Regulation IG Group CEO expects earlier clarity on prediction markets
- Deals & M&A Underdog doubles Q3 revenue as IG cuts 2026 outlook
- Aug 2026
- Jul 2026
- Deals & M&A IG Group acquires Underdog for $1.3bn
- Deals & M&A IG Group agrees $1.1bn acquisition of Underdog
- Deals & M&A IG Group agrees Underdog acquisition worth up to $1.3bn
- Deals & M&A IG Group agrees to buy Underdog for up to $1.3bn
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