Acquisitions/Merger
Underdog Acquires CFTC-Registered Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO)
Underdog, the fastest-growing private sports company in the U.S., announced the purchase of Aristotle Exchange DCM Inc. and Aristotle Exchange DCO Inc., which are a Commodity Futures Trading Commission (CFTC) registered Designated Contract Market (DCM) and a Derivatives Clearing Organization (DCO), respectively. The acquisition enables Underdog to offer its own federally-compliant prediction market exchange, giving customers even more ways to express their opinions on sports and beyond. Underdog was the first sports gaming operator to offer access to sports prediction markets in its app last September.
“We look forward to working with the CFTC to offer an exchange that brings even more options to enjoy sports to our customers. We’re in the early innings of what prediction markets can be, especially for sports fans. We’ll use this opportunity to bring the same relentless focus on innovation and experience that we’ve always brought to our customers. The reality is, prediction markets are primarily about sports and no company knows how to engage with sports fans and create products for sports fans better than Underdog,” said Jeremy Levine, CEO and Co-Founder of Underdog.
Underdog’s exchange will allow customers to access sports event contracts and more. Underdog currently offers access to prediction markets as an intermediary to other exchanges, and the company will continue to expand its prediction offerings under its own exchange.
Aristotle’s financial advisor is Lazard and its legal advisor is Willkie Farr & Gallagher LLP.
The post Underdog Acquires CFTC-Registered Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) appeared first on Americas iGaming & Sports Betting News.
Acquisitions/Merger
FantasySpin and FastDraft Announce Merger to Create the Ultimate Fantasy Sports Platform
FantasySpin, a premier Daily Fantasy Sports (DFS) operator, and FastDraft, the rapidly growing Best Ball platform, announced a corporate merger. The strategic combination will create a fantasy sports powerhouse offering sports fans an unparalleled, all-encompassing fantasy experience.
FantasySpin and FastDraft booked over $1M in contest entries in the first year. The stage is now set for massive 2026/2027 growth as FantasySpin contests will be available to an expanded population of 330 million people across 38 U.S. states and Canada.
DFS Innovation Leader
FantasySpin, renowned for its groundbreaking contributions to the Daily Fantasy Sports (DFS) industry, strengthens its market position with this merger. The company’s patented DFS products gamify the process of building fantasy lineups to provide immediate gratification. FantasySpin users leverage skill and strategy to build teams in a thrilling, slots-like experience—sitting at the intersection of iGaming and fantasy sports. The merger reinforces FantasySpin’s commitment to delivering hyper-engaging user experiences and fostering innovation within the DFS space.
“This merger is a monumental step forward for the fantasy sports industry. Our community loves the immediate gratification of DFS, and we recognize the explosive popularity of the Best Ball format. By joining forces with FastDraft, we are giving more than 60 million fantasy gamers in North America the ultimate toolkit to play how they want and when they want, fast,” said Steve “Dakota” Happas, CEO of FantasySpin.
Revolutionizing Best Ball
FastDraft’s proprietary, user-friendly best ball format allows drafts to finish in under five minutes. The platform eliminates the need for constant in-season roster management, waivers, and trades. The merger allows FastDraft to instantly expand its NFL products to the NBA, PGA, MLB, NHL, and other major sports. With the addition of FantasySpin DFS contests, FastDraft users may now enjoy sweating the action across all major professional sports 365 days a year.
According to FastDraft founder Matt Kelley, the partnership is a game-changer for fantasy sports players around the world.
“These two brands teaming up is excellent news for fantasy players worldwide, and I’m thrilled to witness the exciting possibilities that lie ahead as we unite the best daily and season-long fantasy formats on the planet,” said Kelley.
A Unified Platform Vision
The merger signifies a milestone as FantasySpin looks to integrate its engaging free-to-play and real-money game formats across 5 major professional sports, as well as college football and basketball, into FastDraft’s full suite of NFL fantasy sports contest formats. Users will soon be able to deposit and play seamlessly between platforms, marking a significant advancement in fantasy sports offerings. Anticipated integrations include:
• New DFS Markets: 86% of the U.S. population will have access to FantasySpin’s slots-meets-daily fantasy contests.
• Expanded Contest Optionality: Users will have a robust suite of gamified DFS experiences and rapid Best Ball draft formats across major sports.
• Unified Wallet System: A single account and shared bankroll to manage funds across all game types.
• Shared Promotions and Loyalty Rewards: Earn special prizes, promo funds and free-play bonuses regardless of which format you choose to play.
“The sports gaming ecosystem is heading toward a significant consolidation — operators like DraftKings, FanDuel, Fanatics, Underdog, and Betr are all competing for the same users, many of whom already have accounts across every platform, and the rise of prediction markets (Kalshi, Robinhood) has only accelerated that disruption and pressure on traditional operators. The companies that survive will be those who find ways to differentiate their product or merge with others, and we built FantasySpin around a truly unique experience — where skill meets thrill — precisely for that reason,” said Steve “Dakota” Happas, CEO of FantasySpin.
The post FantasySpin and FastDraft Announce Merger to Create the Ultimate Fantasy Sports Platform appeared first on Americas iGaming & Sports Betting News.
Acquisitions/Merger
Bragg Gaming Group to Acquire Drayton International
Bragg Gaming Group announced that it has entered into a binding term sheet (Term Sheet) to acquire Drayton International (Drayton), a diversified gaming technology and content platform.
In conjunction with the closing of the proposed transaction, renowned gaming entrepreneur Matt Davey, Founder and Chairman of gaming-oriented investment fund, Tekkorp Capital, will join Bragg’s Board of Directors (Board) as Non-Executive Chairman, further strengthening the Company’s leadership as it executes its next phase of growth.
In a demonstration of Mr. Davey’s confidence and view on Bragg’s current and future value, he previously purchased a block of 1 million Bragg common shares in a private transaction with the Company’s CEO, Matevž Mazij, in February 2026. The Company estimates that private stock purchase, combined with Mr. Davey’s current Drayton private stock ownership, will result in him having an approximate 10% ownership stake in Bragg following completion of the planned acquisition.
This acquisition represents a bold step forward from its legacy business, as Bragg doubles down on its commitment to crafting captivating proprietary gaming worlds which deliver proven revenue engines for operators and unforgettable experiences for players, with a particular focus on expansion across North America.
This strategic clarity is complemented by a refreshed brand presence, featuring a vibrant new aesthetic that reflects Bragg’s ‘games-first’ commitment. Being games-first is more than the expression implies — it means changing not only games, but also how they are built, delivered, and monetized.
Bragg already combines battle-tested content and player management expertise with smart technology. But this evolution sharpens the focus on what makes Bragg a unique value proposition in the iGaming sector; a data rich, user experience-obsessed, games-first engineering leader. Bragg not only supplies the games that today’s players demand, but also streamlines everything. This optimizes players’ end-to-end journey, redefining Bragg’s core products into one coherent ecosystem.
Transaction Overview
Pursuant to the Term Sheet and subject to entering into a definitive acquisition agreement and the satisfaction of customary closing conditions, Bragg will acquire 100% of the equity interests of Drayton for 4.5 million newly issued Bragg common shares priced at US$2.00 per share. Bragg will also hold rights which will provide it with a contractual path to full ownership of all five of Drayton’s portfolio studios.
Bragg expects that Drayton’s leadership and development teams will continue with the Company post-closing.
The post Bragg Gaming Group to Acquire Drayton International appeared first on Americas iGaming & Sports Betting News.
Acquisitions/Merger
Waterhouse VC takes 3-year option to buy stake in Spinlab Studio
Waterhouse VC has secured a 3-year option to acquire an interest in Spinlab Studio, a no-code iGaming platform aimed at helping operators launch and scale online betting and casino businesses without building full infrastructure.
Spinlab Studio positions its product as a full-stack platform that streamlines integrations across payments, games, compliance and backend systems. The company says the platform is built to support operators targeting regulated markets, with compliance, payments and responsible gambling tools included in the core product.
Tom Waterhouse, Chief Investment Officer of Waterhouse VC said “Spinlab Studio is one of the fastest-moving platforms we’ve seen in this space, with strong early demand from operators. They are addressing a key operational challenge – helping operators bring products to market more efficiently and quickly without the usual complexity”.
Leon Lanen, Co-Founder of Spinlab Studio said “Launching an igaming operation is still too complex and expensive. Spinlab Studio removes that friction so operators can get to market quickly and focus on building their business. We aim to do for the igaming industry what Shopify did to e-commerce”.
Spinlab Studio said it launched in January 2026 and has onboarded around 30 operators. It offers a free trial and pricing that starts from approximately US$1299 per month, with tiered plans that scale with operator activity. The company also said it recently closed an oversubscribed seed round backed by founders and early investors of “one of Europe’s leading listed igaming technology companies”, with proceeds allocated to sales expansion and platform development.
The post Waterhouse VC takes 3-year option to buy stake in Spinlab Studio appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
-
Latest News6 days agoStake releases Zoo casino game: a fast, multiplayer Stake Original where players bet on the wild side
-
Latest News6 days agoCloudbet Adds ELA Games to Its Casino Roster in Latest Move to Diversify Content for Global Crypto Players
-
Amusnet6 days agoWeekend Reels | Week 20: Slot Drops & Trends
-
casino6 days agoCloudbet Adds ELA Games to Its Casino Roster in Latest Move to Diversify Content for Global Crypto Players
-
Games6 days agoStake releases Zoo casino game: a fast, multiplayer Stake Original where players bet on the wild side
-
Baltics6 days agoPopOK Gaming partners with Lithuania’s TOPsport
-
Casino Content6 days agoTom Horn Gaming sets 19 May launch for Giza’s Portals slot
-
Canada7 days agoDigicode to showcase Diger Suite at SBC Summit Canada 2026



