“We ultimately sold Draft to the business now known as Flutter in 2017. At the time it was the largest exit in the history of fantasy sports.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Jeremy Levine
AssertionContradicted
Levine: Every US sportsbook runs on legacy European software
“And every sports book that has launched in America is built on the back of software that was initially built for the UK and Europe.”
Jeremy LevineSep 5, 2025▶ 21:37The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
AssertionPartly supported
Levine: Underdog built the only US-tailored regulated sports betting tech stack
“So now, as we've built the technology that now is the only tech that has been purpose-built for the American market that is licensed and regulated and has been licensed by this test lab that license every single slice of it that regulators then rely on.”
Jeremy LevineSep 5, 2025▶ 30:22The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
Disclosure
Levine: Underdog Fantasy will soon launch federally regulated prediction markets nationwide
“Prediction markets are federally regulated now, and we're going to be offering that soon across the country.”
Jeremy LevineSep 5, 2025▶ 36:57The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
AssertionSupported
Levine: Underdog Fantasy is pacing for over $400M in 2025 revenue
“And we're just over five years old and we've,
Been the fastest growing sports gaming company ever, zero to five, do well over four hundred million in revenue this year, and we believe that more than ever.”
Jeremy LevineSep 5, 2025▶ 21:07The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
Opinion
Levine: US sports fandom for players is surpassing team loyalty
“It's definitely more player focused than any other country, and I do think we're seeing fandom for players. Start to transcend fandom for teams.”
Jeremy LevineSep 5, 2025▶ 24:24The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
AssertionPartly supported
Levine: 14 state AGs declared daily fantasy sports illegal starting in 2015
“In 2015 the New York Attorney General said that daily fantasy sports were illegal. For the course of the next Six months, 13 other attorney generals said daily fantasy sports was illegal, and we as an industry came together and worked to go past legislation cl…”
Jeremy LevineSep 5, 2025▶ 8:32The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
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