I did it again. "We created VSiN as a destination for sports bettors to find the most credible content to help inform their wagering decisions," said Brian Musburger, VSiN's CEO. The acquisition announcement did not outline what will happen with these existing relationships. The financial terms of the deal were not disclosed. Post time: 3:34 CT Under the terms of the acquisition deal, the sports betting content network will maintain its editorial independence. In today's sports betting sector news, possible market leader DraftKings ( NASDAQ:DKNG) announced its acquisition of Vegas Sports Information Network, known as VSiN, for an undisclosed amount. The acquisition will enable DraftKings, which is live with mobile and/or retail sports betting in 14 states, to . A source familiar with the transaction says the deal was valued around $100 million, mostly in stock. The acquisition will enable DraftKings, which is live with mobile and/or retail sports betting in 14 states, to further build out its content capabilities and will augment VSiN's ability to broaden their audience alongside the expansion of legal sports betting in the U.S. Gambling giant DraftKings has beefed out its content capabilities with the acquisition of sports betting broadcast company Vegas Sports Information Network (VSiN). Speaking about VSiN’s approach, Musburger said: “We created VSiN as a destination for sports bettors to find the most credible content to help inform their wagering decisions.”. Financial terms of the deal weren’t disclosed, but DraftKings will integrate VSiN’s Las Vegas-based staff into its broader workforce. Financial terms of the purchase were not disclosed, but DraftKings said the deal would enable it to further enhance its content capabilities in the 14 US states where it operates. The acquisition will enable DraftKings, which is live with mobile and/or retail sports betting in 14 states, to further build out its content capabilities and will augment VSiN's ability to . Presents guidelines on how to invest successfully by becoming a "prudent speculator," explaining the role of psychology in risk taking while covering such topics as spotting an undervalued stock and knowing when to sell. In a "wolf investing in hen houses" type of move, DraftKings has acquired Vegas Sports Information Network (VSiN). DraftKings Acquires Sports Betting Content Broadcaster VSiN, many major sports-related media companies have become partners of sportsbook operators, Wynn Resorts invested $3.5m last month into the sports podcasting network Blue Wire, Tipico Drops Out of Bidding for William Hill’s Non-US Assets, AGA Research Predicts Record 45.2 Million Americans Will Wager on 2021 NFL Season, Report: DC Lottery Sports Betting App Does Not Meet Expectations. Announced acquisition of multi-platform broadcast and content company Vegas Sports Information Network (VSiN) this week. The financial terms of the deal were not . Operating as VSiN, the company programs a 24/7 streaming channel on both the iHeartRadio and TuneIn platforms, operates the syndicated BetR Network, as well as programming for many regional sports television networks.. DraftKings Expands Its Marketing Presence With VSiN Acquisition. Reviews the origins and history of the game, explains the different positions, and rates great players, while discussing betting, odds, and current issues VSiN to Maintain Content Independence. It was at a gaming tradeshow two years ago when Brian Musburger first discussed some type of partnership between his Vegas Sports Information Network (VSiN) and daily fantasy sports operator DraftKings. The acquisition will enable DraftKings, which is live with mobile and/or retail sports betting in 14 states, to further build out its content capabilities and will augment VSiN's ability to . 2 – Princess Grace (2-1) With 14 games on Sunday's slate, there are plenty of betting opportunities.... Jeff Siegel's Best Bets for Saturday (9-11), Saturday College Football Week 2 Sharp Report, Andrews: Inside the betting action for NFL Week 1, Inside the betting action for biggest Week 2 CFB games, MLB daily notes: Betting preview for Friday's games. What does DraftKings want out of the VSiN purchase? “We maintain that DKNG is very well- positioned in US sports betting currently, with an established daily fantasy sports (DFS) presence, strong brand awareness, and first-mover advantages in many states. “Outside the US, many use the traditional affiliate model (suggesting or directing players to sites). For now, the existing leadership team at VSiN will continue managing the daily operations and have complete editorial independence. In addition to its continuous streaming, VSiN also broadcasts shows through numerous audio and video providers such as Sling TV, Comcast Xfinity, and fuboTV. DraftKings first made a name for itself as a Daily Fantasy Sports League website. DraftKings announced on Tuesday morning the acquisition of VSiN. Based […] The . This book is for anyone serious about playing tournament poker, both live and online. What Does DraftKings Want Out Of VSiN Acquisition? VSiN produces and distributes as much as 18 hours of live linear sports betting content each day, broadcasting from its headquarters in Las Vegas as well as from Atlantic City, Detroit, Chicago and Denver. "One of the things that we’ve done so well is create content, but where there’s a lot of room for us to grow is having more people learn about the content we’re creating," Musburger added Tuesday morning on VSiN's Follow The Money. The . Found inside â Page 1The Everything Guide to Sports Betting wonât let that happen. Filled with tips, tricks, and tactics, this handy guide shows you how to place bets strategically. [Image: Shutterstock.com]. Latest Casino and Gambling News, Gaming Industry News, Sports betting, Mergers, Acquisitions & Partnerships. “Harnessing the power and network of the DraftKings brand will allow us to reach an even wider audience with our unique content.”. Name, email and comment will be stored in our database. Jimmy the GREEK IS ROLLING OVER IN HIS GRAVE BRENT! Twitter. What is it they say about Kentucky Downs? The acquisition will enable DraftKings to further build out its content capabilities across its retail and mobile sports betting operations, which are currently live in 14 US states. DraftKings, which last year opened a Las Vegas office, said that VSiN's current employees in the city will be integrated into the sports betting company's 2,600-person global workforce. Shares of DraftKings jumped 4.8% after the sports betting company announced the acquisition of Vegas Sports Information Network, Inc. (VSiN), a multi-platform broadcast and content company. DraftKings' new acquisition now gives the . The first weekend of the 2021 NFL season is here. 30, 2021 8:46 AM ET DraftKings Inc. (DKNG) DraftKings Inc. (DKNG) By: Clark Schultz, SA News Editor 2 Comments . The news of the VSiN acquisition comes a day after DraftKings announced a partnership with World Wrestling Entertainment Inc. (NYSE: WWE), which will give DraftKings an exclusive license to media . An interesting element to the Score Media/VSiN comparison is that DraftKings was recently mentioned as a possible buyer of the newly pubic Toronto-based company. "While VSiN will become a part of DraftKings, the intention of both parties is to maintain our editorial independence and a Las Vegas employee base and infrastructure, which includes continuing broadcasts from the Circa and South Point," Musburger said. No narratives,... More than 3,000 people have signed up for Circa Survivor and thousands more have signed up for the DraftKings Survivor Contest. K Morrison. BOSTON, March 30, 2021 — DraftKings Inc. (Nasdaq: DKNG) today announced that it has acquired Vegas Sports Information Network, Inc. (VSiN), a multi-platform broadcast and content company delivering trusted sports betting news, analysis, and data to U.S. sports bettors since 2017. At the time, just a handful of states had legalized the activity. "Harnessing the power and network of the DraftKings brand will allow us to reach an . No specific financial details were disclosed, but the deal was worth around $100 million, LSR understands. These relationships include Sinclair Broadcasting and Bally’s, FOX and Flutter Entertainment, CBS and William Hill, NBC and PointsBet, ESPN with both DraftKings and Caesars, Yahoo! The company’s offerings are also available on several linear television platforms and streaming services, such as fuboTV and Sling TV. DraftKings is purchasing Vegas Sports Information Network, the gambling media company co-founded by famed sportscaster Brent Musburger, in its first major acquisition since becoming a public company.. Buying VSiN will help DraftKings in two main ways: First, DraftKings acquires most of its customers through media buys, and the VSiN team is better suited to create content that can grow the . “The acquisition of VSiN should expand the company’s customer acquisition channel, and in the long-run, should help achieve greater CAC efficiency,” said Katz in a note. The acquisition will enable the sportsbook, which is live with mobile and/or retail . Forward-Looking Statements Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 . With the legalization of sports betting in the US in early 2018, the site quickly expanded its services to offer a sportsbook for betting on the games. BOSTON - DraftKings continues to make their mark as the biggest name in sports betting in the country as they expand into the world of sports wagering content and broadcasting through their acquisition of VSiN, the sportsbook announced on Tuesday. But in the US, companies believe in the whole vertical integration, which will help user growth and margins over the long-term.”. DraftKings, which last year opened a Las Vegas office, said that VSiN's current employees in the city will be integrated into the sports betting company's 2,600-person global workforce. For extensive ... We put up opening lines for NFL Week 1 way back in May here at the South Point. That was a market rumor and it’s not immediately clear if the VSiN purchase will end DraftKings’ hunt for media assets. VSiN announced this deal on Tuesday via Twitter: It’s a milestone day for VSiN. The sale of the Las Vegas-based media company shouldn't come as a surprise. DraftKings (NASDAQ: DKNG) dropped a bomb today as they announced the acquisition of Vegas Sports Information Netwwork, better known as VSIN. DraftKings also owns Vegas Sports Information Network, Inc. (VSiN), a multi-platform broadcast and content company. Millions around the world... After last week’s college football stability mismatches produced a record of 5-4 ATS, I’m here to unveil the Week 2 plays that qualify for... LAS VEGAS -- Steve Sarkisian’s coaching debut at Texas was a big hit. news, guides, reviews and information since 1995. Acquiring Organization: DraftKings DraftKings provides online daily and weekly fantasy sports contests for cash prizes in major sports. "An innovative rethinking of our current market system where people pay for products. In the future, we will pay for the results a company can deliver. This book explains how we will reach that future"-- DraftKings has acquired sports betting broadcaster VSiN to help bolster its content capabilities. The company said VSiN would maintain editorial independence after the acquisition, and its approximately 75-person staff will be combined with DraftKings's 2,600-person global workforce . That has given the sharps and the public plenty of time to bet. March 30, 2021. It also arrives two weeks after the company sold $1.15 billion in convertible notes, saying some of the proceeds could be used for making deals. The acquisition enables DraftKings increased access to the millions of new customers in the legal sports betting universe. The mantras coming out of Kentucky Downs are many. "The acquisition of VSiN should enhance DraftKings' ability to produce content and grow its audience reach, presumably aiding in customer acquisition and further broadening brand awareness . DraftKings has bought Vegas Sports Information Network, a multiplatform broadcast and content company delivering sports betting news . Today, @DraftKings announced that it has acquired . DraftKings buys VSiN sports betting video broadcast company. “We created VSiN as a destination for sports bettors to find the most credible content to help inform their wagering decisions,” said Brian Musburger, VSiN’s CEO. Big fields. In a consolidation in the fast-growing sports gambling industry, DraftKings is acquiring VSiN (Vegas Sports Information Network), the multiplatform broadcast and content company that delivers sports betting news, analysis and data. Posted on: March 31, 2021, 10:38h. I doubted Alabama. In addition to its 24/7 stream on VSiN.com and the VSiN app, VSiN’s original content is accessible through multiple video and audio channels, including Comcast Xfinity, Rogers’ Sportsnet, MSG Networks, NESN, Marquee Sports Network and a dedicated channel on iHeartRadio and TuneIn. VSiN to Maintain Content Independence. DraftKings Inc has announced the acquisition of multi-platform broadcast and content firm Vegas Sports Information Network (VSiN) this week. Betting operators can leverage the audiences of these media companies to attract new customers. VSiN already has a relationship with other sports betting operators, such as BetMGM and BetRivers. DraftKings scooping up VSiN is the latest example of the ongoing intersection of media and sports wagering companies – a combination some analysts estimate will drive $30 billion (including iGaming) in revenue by 2030. The media outlet’s management team will maintain day-to-day operational control and editorial autonomy. The VSiN management team led by CEO Brian Musburger will . The first impression from Jefferies analyst David Katz on DraftKings' (DKNG +0.7%) acquisition of VSiN is that it does not meaningfully alter the trajectory toward profitability near term, however . Under the terms of the acquisition deal, the sports betting content network will maintain its editorial independence. The Macquarie analyst calls VSiN an analog to Score Media & Gaming (NASDAQ:SCR) – the Canadian media and sportsbook operator he recently initiated coverage of with an “outperform” grade. Casino.org is the world’s leading independent online gaming authority, providing trusted online casino The acquisition provides more content for DraftKings, which has retail or online sports betting operations in 14 states. DraftKings has bought Vegas Sports Information Network, a multiplatform broadcast and content company delivering sports betting news, analysis and data to U.S. customers, DraftKings announced Tuesday. DraftKings has bought Vegas Sports Information Network, a multiplatform broadcast and content company delivering sports betting news, analysis and data to U.S. customers, DraftKings announced Tuesday. News of the VSiN transaction comes just a few weeks after DraftKings indicated at its investor day that mergers and acquisitions were on the table. "VSiN creates authentic and credible content that resonates with sports bettors at every level, whether they're experienced or new to sports betting," said . The news of the VSiN acquisition comes a day after DraftKings announced a partnership with World Wrestling Entertainment Inc. (NYSE: WWE), which will give DraftKings an exclusive license to media . 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Posted on: August 12, 2021, 09:56h. A handbook for fantasy football players and pro football fans includes detailed team and player ratings, along with predictions about the upcoming season and the odds on each team as a Super Bowl contender. DraftKings has acquired Vegas Sports Information Network, Inc. (VSiN) in a bid to build out its content capabilities. On Tuesday, DraftKings (NASDAQ:DKNG) said it’s acquiring Vegas Sports Information Network (VSiN). He picked a starting quarterback who passed the eye test and, despite warnings... Week 2 of the college football season is here, with another Saturday of terrific matchups. Jason Robins, DraftKings' Co-founder, CEO […] DraftKings today announced that it has acquired Vegas Sports Information Network, Inc. (VSiN).The multi-platform broadcast and content company VSiN has been offering sports betting news, analysis and data to US sports bettors since 2017.. DraftKings Acquires VSiN, Multi-Platform Sports Betting Broadcast and Content Company BOSTON, March 30, 2021 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced that it has acquired . Vegas Sports Information Network, Inc. (VSiN) is being acquired by DraftKings Inc. It's a major acquisition, and one that will enable DraftKings, which is live with mobile and/or retail sports . “The media and sports worlds are colliding,” writes Macquarie analyst Chad Beynon in a note. Internationally acclaimed Bible teacher Derek Prince helps you bring your finances in line with Godâs perfect plan by taking you through specific steps that lead to abundance. In addition, VSiN can be heard on terrestrial radio stations throughout the country, and its growing slate of podcasts and betcasts. Las Vegas-based VSiN produces more than 18 hours of daily sports wagering news, analysis, and data across multiple video, audio, and internet channels. The acquisition could help add customers to the DraftKings sports betting platform with a direct connection with VSiN fans who are interested in placing wagers. While DraftKings has retail and/or online sportsbooks up and running in 14 states, this marks its first significant acquisition of a company that is in the sports betting media space. Broadly speaking, analysts are positive about the acquisition, with David Katz of Jefferies noting it should be accretive to the buyer’s long-term earnings while driving customer acquisition costs (CAC) lower. Driving the news: DraftKings two weeks ago announced the acquisition of VSiN (Vegas Stats & Information Network), a sports betting television and streaming channel. By VSiN Staff (VSiN.com) DraftKings announced on Tuesday morning the acquisition of VSiN. It has dedicated channels on iHeartRadio and TuneIn, as well as smaller radio stations across the US. A winner of five of six career starts and with further improvement... Today the weekend kicks off with a loaded betting menu, highlighted by Week 2 of the College Football season. DraftKings, founded in 2012, offers sports betting in 14 states, but not Massachusetts. DraftKings buys VSiN sports betting video broadcast company. The sale of the Las Vegas-based media company shouldn't come as a surprise. We are excited to announce that we are now under the @DraftKings umbrella. DraftKings Snaps Up VSiN To Boost Content For Customers; Shares Pop 5%. Simply put, while seemingly every media outlet in the world is trying to jump on the 'betting information' bandwagon VSIN is easily the class of the field due to their actual knowledge of the ecosystem. VSiN announced this deal on Tuesday via Twitter: In addition to VSiN’s talent roster and brand equity with bettors, Robins noted that DraftKings will have the ability to immediately help expand VSiN’s infrastructure. Shares of DraftKings jumped 4.8% after the sports betting company announced the acquisition of Vegas Sports Information Network, Inc. (VSiN), a multi-platform broadcast and content company. VSiN CEO Brian Musburger spoke about how the deal will allow VSiN to leverage the network and power of DraftKings to reach a wider audience. DraftKings has made no secret that it wants to expand into the sports gambling content space, and it feels that VSiN is the right platform to help it in its mission. What Happened: In a push for content and customers, Draftkings Inc (NASDAQ:DKNG) is acquiring Vegas Stats & Information Network, better known as VSiN. Itâs being realistic. What you do when crisis hits is the only thing mattersâand this proven guide delivers everything you need to take positive action with confidence, skill, and professionalism. Re-examine your approach to* Winning and defeat.* Balancing your risks and rewards.* Choosing your lineups.* Meeting adversity with persistence.* Making smart bets and avoiding tilt.* Taking care of your mind and body so that you're always ... It’s a move aimed at bolstering the sportsbook operator’s content offerings and its quest for vertical integration. "We are incrementally positive on the acquisition as we believe it positions DraftKings to further build out its content capabilities to a betting centric content consumer, make a broader push into . Our handicappers Adam Burke, Tim Murray, Wes Reynolds... Franklin, Ky. The acquisition provides more content for DraftKings, which has retail or online sports betting operations in 14 states. DraftKings, which opened its own office in Las Vegas last year, plans to assimilate VSiN's complete workforce in Las Vegas and retain the company's current leadership team—including veteran sportscaster Brent Musburger—who is the uncle of VSiN CEO Brian Musburger. We thank our loyal fans as we continue our mission to entertain & educate sports bettors with the industry's most credible news, insights & analysishttps://t.co/ZGCbxJcIrZ. Rich purses. The move, said the firm, will enable it to build out its content capabilities and augment VSiN's ability to broaden its own audience alongside the expansion of legal US sports betting. Beynon reiterates an “outperform” rating on DraftKings, with a $77 price target, implying upside of 26 percent from the March 30 close. The acquisition provides more content for DraftKings, which has retail or online sports betting operations in 14 states. DraftKings ended 2020 with $1.8 billion in cash and recently raised an additional $1 billion. 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