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

July 30: Britain’s IG Group said on Thursday it has agreed to acquire U. S. daily fantasy sports and prediction markets operator Underdog for up to $1. 3 billion, deepening its push into the fast-growing U. S. retail trading market. The deal includes an upfront consideration based on an enterprise value of about

Read full story on Channel Newsasia

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