to Fuel US Expansion via RotoWire Acquisition –

December 14, 2021 by No Comments

Award-winning provider of digital marketing services within the global regulated online gambling industry, Group, announced on Monday that it entered into a definitive agreement to acquire Roto Sports, operator of The Group is expected to close the transaction for acquiring the popular provider of expert fantasy sports news in January next year.

The Price Tag of the Transaction Is $27.5 Million announced that the aggregate purchase price is $27.5 million. The Group explained that $20.0 million will be paid at closing. Breakdown of that total represents $5.0 million in newly issued unregistered ordinary shares which are valued on an average price over the last 10 trading days, as well as another $15.0 million in cash.

The remaining $7.5 million will be cleared over the course of two years split into two payments of $2.5 million and $5.0 million that will be cleared on the first and second anniversary of the closing deal, respectively. According to, neither of the amounts would be “dependent on the financial performance of RotoWire.” It is important to mention that the transaction is subject to customary closing conditions.

The Group Will Leverage RotoWire’s Assets

By acquiring RotoWire, plans to fuel its US presence. The company revealed that following the acquisition it expects to see significant growth of its fiscal 2022 earnings. Leveraging RotoWire’s content library, workforce, partnerships and existing audience, the Group is looking to further strengthen its presence in the growing US online sports betting market.

“ Group believes that RotoWire’s popular digital assets – when combined with the Group’s digital expertise and technology platform – will drive substantial, incremental affiliate revenue in the rapidly expanding sports betting environment,”

reads a statement released by Group

According to the Group, RotoWire is at the helm of US fantasy sports. The company acknowledged that RotoWire has had more than 17 million unique web visitors for the last year. Additionally, the RotoWire has more than 100,000 paid subscriptions and its content is reaching millions of sports fans thanks to multiple distribution agreements with US sports companies. Group’s CEO, Charles Gillespie, revealed that RotoWire solidified its presence as a fantasy sports leader in the US for the last 25 years. Additionally, he acknowledged that the company has “embedded their business into the heart of the American sports experience.” Gillespie added that RotoWire has created a solid bond with its customer base which …….



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