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Underdog Fantasy is the American Gambling Awards Fantasy Sports Site of the Year
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
The American Gambling Awards have named Underdog Fantasy as the 2022 “Fantasy Sports Site of the Year.” Underdog Fantasy, valued at $485 million, stood out for its unique products and a customer base exceeding six figures. Its NFL “Best Ball” game features a $10 million grand prize, marking a significant increase from previous years. CEO Charles Gillespie emphasized the company's innovative approach to customer experience. As of October 31, 2022, Gambling.com Group operates over 50 websites, solidifying its position in the online gambling industry.
Positive
Underdog Fantasy recognized as 2022 Fantasy Sports Site of the Year.
Achieved a valuation of $485 million following Series B funding.
NFL Best Ball game offers a $10 million grand prize, a record in the sector.
The company boasts a six-figure paying customer base.
Negative
None.
NEW YORK--(BUSINESS WIRE)--
The 2022 edition of the American Gambling Awards is pleased to announce Underdog Fantasy is the 2022 “Fantasy Sports Site of the Year.” The American Gambling Awards are produced by Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Group”), a leading provider of player acquisition services for the regulated global online gambling industry.
Underdog Fantasy is the fastest-growing paid fantasy sports company ever, with a valuation of $485 million after a series B round of fundraising. Underdog’s season-long NFL “Best Ball” game this year has a $10 million grand prize, almost three times larger than the previous biggest season long prize in history. Judges noted that Underdog has built an active, paying, six-figure customer base by offering a differentiated product that resonates with its users.
Charles Gillespie, Chief Executive Officer of Gambling.com Group, said, “Underdog Fantasy’s success is driven by the company’s focus on building new, innovative games and delivering amazing customer experiences – making it very deserving of the Fantasy Sports Site of the Year award. As Underdog continues to grow, its unique focus on product and experience will set the industry standard.”
“We’re honored to be crowned as the Fantasy Sports Site of the Year by the American Gambling Awards,” said Jeremy Levine, President and Chairman of Underdog Fantasy. “Our differentiated daily fantasy sports products allow fans to enjoy their favorite games in new and unique ways and we look forward to our continued momentum heading into 2023.”
For more information about the American Gambling Awards, including a full list of winners, please visit the awards website: www.gambling.com/us/awards.
About Gambling.com Group Limited
Gambling.com Group Limited (Nasdaq: GAMB) is a multi-award-winning performance marketing company and a leading provider of digital marketing services active in the online gambling industry. Founded in 2006, the Group operates from offices in the United States, Ireland and Malta. Through its proprietary technology platform, the Group publishes a portfolio of premier branded websites including Gambling.com, Bookies.com and RotoWire.com. As of October 31, 2022, the Group owns and operates more than 50 websites in seven languages across 15 national markets covering all aspects of the online gambling industry, including iGaming and sports betting, and the fantasy sports industry.
