Crypto Assets

Crypto Assets

Share Prices to acquire RotoWire for $27.5m to acquire RotoWire for $27.5m


The Dublin, Ireland based affiliate Group has announced the $27.5m acquisition of Roto Sports, fantasy sports and sports betting specialists and owner of leading DFS news brand and content portal, RotoWire.

RotoWire is a subscription service with over 100,000 paid subscribers and more than 17m unique visitors in the past year. The objective for Group is to accelerate a US growth strategy and the appeal in the deal is clearly this audience, plus the company’s expert team, content library, established media partnerships and immense trust it has built amongst US sports fans. Group CEO Charles Gillespie said: “Over the past 25 years, the RotoWire team has produced some of the best fantasy sports content in America and have in turn embedded their business into the heart of the American sports experience.”

“Commercially, the business has three different revenue streams, each generating over $1m per year, which give it significant reach into sports media organisations, as well as with advertisers and individual sports fans. These deep and long-lasting customer relationships are an ideal platform from which to capitalise on the new era of American sports, the betting and gaming era.”