The Ledger

Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.

clear all ✕

why aren't all 17 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable

Assertion Contradicted
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 Levine Sep 5, 2025 ▶ 21:37 The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
Assertion Partly 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 Levine Sep 5, 2025 ▶ 30:22 The 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 Levine Sep 5, 2025 ▶ 36:57 The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
Assertion Supported
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 Levine Sep 5, 2025 ▶ 21:07 The 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 Levine Sep 5, 2025 ▶ 24:24 The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
Assertion Partly 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 Levine Sep 5, 2025 ▶ 8:32 The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
Assertion Supported
Levine: Draft sale to Flutter was the largest exit in fantasy sports history
“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.”
Jeremy Levine Sep 5, 2025 ▶ 14:53 The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
Insight
Levine: M&A promises mean nothing if the acquiring executive leaves
“And I think with M and A is the same thing. It's our, do you believe in that person? And do you believe they're going to be there in the longterm? And if so, if they give you their word, then I think you can believe that. But if they're not going to be there f…”
Jeremy Levine Sep 5, 2025 ▶ 16:55 The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
Opinion
Levine: Caitlin Clark effect is huge for Underdog Fantasy's business
“The Caitlin Clark effect is real and is one of the best things to happen to our business.”
Jeremy Levine Sep 5, 2025 ▶ 26:53 The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
Assertion Supported
Levine: Underdog's $15M Tournament Is the Biggest in Fantasy Sports History
“Now we are running a season-long tournament this year. That's a fifteen million dollar tournament. So the biggest tournament in the history of fantasy sports.”
Jeremy Levine Sep 5, 2025 ▶ 6:51 The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
Assertion Supported
Levine: Over 20 states have passed laws legalizing fantasy sports
“Now I think there's legislation in over 20 states clarifying the legality of fantasy sports, saying that if it's a game of scale based on accumulated player statistics with players from more than one team, it is clearly legal.”
Jeremy Levine Sep 5, 2025 ▶ 8:52 The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
Assertion Supported
Levine: Underdog Fantasy reached a $1.3B valuation
“1.3 billion.”
Jeremy Levine Sep 5, 2025 ▶ 21:18 The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
Assertion Supported
Levine: 60M play fantasy sports and 90M fill out brackets yearly
“Over sixty million people play fantasy sports. Every year there's over ninety million March Madness brackets done.”
Jeremy Levine Sep 5, 2025 ▶ 22:21 The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
Assertion Not checkable as stated
Levine: Underdog Fantasy saw 4x year-over-year growth in WNBA contests
“We, last year versus the year prior, we saw, I think it was about four X, the interest and entries in WNBAs the year prior.”
Jeremy Levine Sep 5, 2025 ▶ 26:58 The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
Assertion Not checkable as stated
Levine: Underdog Fantasy's average contest entry is $13
“Our average entry is 13 dollars.”
Jeremy Levine Sep 5, 2025 ▶ 32:42 The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
Assertion Supported
Levine: One Season raised VC from CRV before shutting down in 2008
“Another company called One Season, funny enough, because they lasted exactly one season launched a sports stock market. This is 2008, and I, they raised money from a great venture capital firm, Charles River Ventures, they were on the front page of the Wall St…”
Jeremy Levine Sep 5, 2025 ▶ 3:00 The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
Assertion Supported
Levine: FanDuel was gaining early daily fantasy traction before DraftKings existed
“DraftKings didn't exist. FanDuel was just getting going and kind of see the traction.”
Jeremy Levine Sep 5, 2025 ▶ 5:56 The rise of Underdog Fantasy Sports, with founder & CEO Jeremy Levine | Masters of Scale
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