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Underdog Hits $1.225B Valuation with $70M Series C Raise
Underdog has raised $70 million in the first close of its Series C funding, valuing the company at $1.225 billion. Spark Capital is leading the Series C round, which is expected to exceed $100 million upon completion.
Illinois Lawmakers Weigh Competing Bills to Regulate and Tax Fantasy Sports
Two bills that could be pivotal to the future of daily fantasy sports (DFS) regulation in Illinois are currently being discussed. Two Competing Bills Offer Different Visions for DFS Regulation The two bills in question
Underdog Fantasy Exits New York After $17.5M Settlement with Gaming Commission
Underdog Fantasy will leave the state of New York after reaching a settlement with the New York State Gaming Commission (NYSGC). The settlement concerns operating unpermitted interactive fantasy sports (IFS) contests