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SharpLink enters agreements to obtain SportsHub – Gambling Insider
SharpLink Gaming has procured fantasy and sports game supplier SportsHub Games Network in an all-stock transaction.
Established in 2015, SportsHub operates a wide variety of real-money fantasy sports and sports simulation games on its individual platform. Its totally-accredited system reaches around 2 million fantasy sports supporters who spend about $40m yearly on SportsHub’s portfolio of games and contests. The company created virtually $6m in yearly revenue for 2021.
Games obtainable on the system contain: National Fantasy Championships, Bestball10s, Fanball, Fantasy National Gold Glub, WhatIfSports, and LeagueSafe.
Rob Phythian, Co-Founder and CEO of SharpLink, commented: “This acquisition offers SharpLink obtain to a massive and faithful foundation of fantasy sports enthusiasts who we know are also sports bettors, or would very likely turn into sports bettors when legalised in states where by they reside.
“With a flourishing ecosystem of income players, many of whom have money in their person accounts, we have a large opportunity to seamlessly combine powerful sportsbook offers inside all features of the user experience.”
John Lettmann, Chairman of the Board of SportsHub, extra: “We are thrilled about the mix of SportsHub and SharpLink. It signifies a merger that we imagine will create a considerable opportunity for our businesses as the US sports betting field evolves and matures.
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“SharpLink’s leadership and skills will help speed up advancement within just our core fantasy sports and gaming products and enable us to turn out to be an market chief in how sports media and gaming operators interface with sportsbooks to provide value for all stakeholders.”
Last month, SharpLink named Robert DeLucia as its new CFO.
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