Amid Dropping Revenue and Lost Deals: SportsGrid Reportedly Up for Sale Sell
Photo: GamblingNews
SportsGrid, the 24-hour sports wagering media network that vowed to support the American Gaming Association’s Responsible Marketing Code for Sports Wagering three years ago, is reportedly seeking a buyer . The decision follows several years of declining revenue as well as the loss of major sportsbook partnerships. Working with Investment Bank According to Front Office Sports, the company is working with investment bank Telos Advisors to explore a potential sale. An unidentified source told the publication that SportsGrid has been in discussions with prospective buyers for several months, with one potential leading bidder emerging.
Source: GamblingNews
