📈 IG Group backs Underdog with $1bn move

IG Group is reportedly making a billion-dollar bet on Underdog, signalling a serious push into prediction markets. The move links two familiar names in gambling and trading, with leadership ties going back to Paddy Power Betfair’s 2017 acquisition of one of Jeremy Levine’s DFS apps. 💼📊 Why it matters: prediction markets are drawing fresh interest as betting, sports and financial-style products continue to converge. For B2B suppliers, that could mean new demand for flexible trading tech, pricing tools and compliance systems. 🎯 🌐 Source: iGaming Business