Tag Archives: Fantasy Labs

Better Collective moves to strengthen US position via RotoGrinders acquisition

SBC News Better Collective moves to strengthen US position via RotoGrinders acquisition

Better Collective has taken the decision to acquire the remaining 40% shares in RotoGrinders Network for a purchase price of €33 million, in a bid to strengthen its position in the US sports betting market.  To complete the transaction, the Copenhagen-based firm will pay €22 million in cash and the remainder in either shares or cash, with both components transferred …

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Cuban invests in Fantasy Labs inc.

SBC News Cuban invests in Fantasy Labs inc.

Mark Cuban has invested in daily fantasy sports start-up Fantasy Labs inc. The company was founded in 2015 by Peter Jennings and Jonathan Bales. They are both professional DFS players and DraftKings analysts. Jennings was the winner of DraftKings first $1 million (£703,000) tournament, whilst Bales has won hundreds of thousands in DFS winnings. Bales said of Cuban’s investment: “Mr. Cuban’s …

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