DraftKings has sold the Vegas Sports Information Network (VSiN) to Musburger Media for an undisclosed price after first acquiring the network for $70m in March 2021. The deal was announced on Monday (22 July).
As part of the deal, VSiN’s original founders, Brian Musburger and Bill Adee, will take back control of the company. The two men founded the sports betting network in 2017 and guided it through the original 2021 sale to DraftKings. The network features 18 hours of daily original betting-focused content and streams 24/7.
In a statement on Monday, Musburger said the “original vision for VSiN still holds” despite the relatively quick sell-off.
“We truly appreciate the work we’ve done with DraftKings and look forward to continuing to collaborate on future projects,” he said. “Bill and I couldn’t be more excited about leading VSiN into the future and cementing our position as a trusted authority in sports betting.”
DraftKings thanked VSiN “for a great relationship” and said it “..