Announced
Completed
Financials
Tags
Single Bidder
Completed
Domestic
Friendly
sports betting news
Acquisition
Majority
United States
broadcasting company
Entertainment
Private
Synopsis
DraftKings, an American daily fantasy sports contest and sports betting operator, completed the acquisition of Vegas Sports Information Network, a multi-platform broadcast and content company. Financial terms were not disclosed. "VSiN creates authentic and credible content that resonates with sports bettors at every level, whether they’re experienced or new to sports betting. In addition to its brand equity among sports bettors and engaging talent roster, VSiN also has an established infrastructure that DraftKings can immediately help expand, in the hopes of adding value to consumers who are looking to become more knowledgeable about sports betting," Jason Robins, DraftKings Co-Founder, CEO and Chairman.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.