{"id":92,"date":"2024-06-13T17:12:08","date_gmt":"2024-06-13T14:12:08","guid":{"rendered":"https:\/\/yabbynodepositbonus.icu\/2024\/06\/13\/better-collective-acquires-majority-stake-in-rotogrinders-solidifying-us-expansion-in-sports-betting-market\/"},"modified":"2024-06-17T13:15:53","modified_gmt":"2024-06-17T10:15:53","slug":"better-collective-acquires-majority-stake-in-rotogrinders-solidifying-us-expansion-in-sports-betting-market","status":"publish","type":"post","link":"https:\/\/yabbynodepositbonus.icu\/2024\/06\/13\/better-collective-acquires-majority-stake-in-rotogrinders-solidifying-us-expansion-in-sports-betting-market\/","title":{"rendered":"Better Collective Acquires Majority Stake in RotoGrinders, Solidifying US Expansion in Sports Betting Market"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/AUNA75fdYhM\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>A Danish sports media conglomerate, Better Collective, has secured a controlling interest (60%) in RotoGrinders, a prominent US-based hub for daily fantasy sports (DFS) and sports wagering data, for a sum of $21 million. The transaction encompasses a provision for Better Collective to procure the remaining 40% of RotoGrinders between 2022 and 2024.<\/p>\n<p>This strategic maneuver underscores Better Collective&#8217;s goal to lead the expanding US online gambling sector. RotoGrinders, with its notable collection of websites such as rotogrinders.com, sportshandle.com, and usbets.com, commands a substantial and loyal user base. This acquisition grants Better Collective a robust platform to connect with American sports fans and capitalize on the growing legalization of sports betting nationwide.<\/p>\n<p>RotoGrinders has been impactful in the DFS realm, particularly for its part in uncovering insider trading controversies involving industry leaders DraftKings and FanDuel in 2015. The company&#8217;s strong revenue performance, exceeding $8 million in 2018 and anticipated to surpass $10 million in 2019, highlights its significant market standing.<\/p>\n<p>Both organizations have conveyed considerable excitement regarding this collaboration. Jesper S\u00f8gaard, Chief Executive Officer of Better Collective, commended RotoGrinders&#8217; exceptional product suite and comprehensive grasp of the US market. Calvin Spears, Chief Executive Officer and co-founder of RotoGrinders, echoed this sentiment, stressing the shared objective of becoming the largest sports betting network in the United States. This acquisition represents a pivotal moment in the US sports betting arena, with both entities well-situated to harness their combined knowledge and assets for future achievements. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Danish sports media conglomerate, Better Collective, has secured a controlling interest (60%) in RotoGrinders,&#8230;<\/p>\n","protected":false},"author":78,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RotoGrinders Acquired: Better Collective Makes Big US Betting Move<\/title>\n<meta name=\"description\" content=\"Danish media giant Better Collective acquires 60% of RotoGrinders, a leading US daily fantasy sports and sports betting data provider, for $21 million. 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