Underdog Sports Gaming: New Leadership, Bold Expansion

Underdog, a forward-thinking player in the sports gaming industry, has announced significant leadership changes. On Tuesday, the company named Rishi Garg as chief financial officer and Kimberly Pointer Corbett as chief marketing officer. This strategic expansion comes as Underdog enters the competitive arena of event contracts in sports wagering.

Rishi Garg, once at X, now brings his expertise from Mayfield to guide Underdog's financial vision. Pointer Corbett, with a successful career at Warner Bros Games, steps in to redefine marketing strategies. Their combined experience is expected to aid Underdog's efforts to stand out in a marketplace dominated by names like Kalshi, Polymarket, and Robinhood.

With recent ventures, including a partnership with Crypto.com's U.S. derivatives arm, Underdog aims to reshape fan engagement in sports. While the concept of event contracts raises regulatory eyebrows, Underdog remains focused on delivering an enriched sports experience. The company anticipates a $500 million revenue surge by year's end.