Underdog Fantasy to expand into betting with Goat Gaming acquisition
| By Daniel O'Boyle
Fantasy sports platform Underdog – which is backed by a number of high-profile names in US sport – has acquired sportsbook technology platform Goat Gaming, allowing it to expand into the world of sports betting.
Goat Gaming currently supplies risk management technology to cryptocurrency gambling operator the Coingaming group and its Sportsbet.io brand. In addition, it offers odds creation, account management and event management technology.
“We are proud to announce we have acquired Goat Gaming, a betting tech platform with an amazing team that will be our cornerstone in transforming sports betting,” Underdog said in announcing the deal.
“This is truly an evolution for Underdog. We plan to approach betting the same way we approach fantasy – with our players first and with best-in-class product and support.”