By SectorWire desk ·
Novig and Underdog are growing their prediction market businesses through combos on 3 September. These products are the equivalent of parlays.
Parlay-equivalent combos are driving growth in Novig’s and Underdog’s prediction market businesses.
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Novig and Underdog are expanding multi-leg offerings as combinations become an increasing source of sports prediction market activity.
The injunction request contests Tennessee’s application of wagering laws to Underdog’s event-contract exchange.
The lawsuit challenges Tennessee’s ability to apply state wagering laws to Underdog’s event contract platform.
The dispute puts Underdog's sports event contracts and fantasy licence in Tennessee at risk.
The suit contests state authority over Underdog’s prediction market and follows a ruling against Kalshi.
IG Group’s sports betting licence application follows its acquisition of US prediction market Underdog.