SeventySix Capital Makes Strategic Investment in Sports Betting Media Leader, Vegas Stats & Information Network

VSiN Supports the Sports Tech Venture Fund’s Continued Investment into the Burgeoning Sports Gambling Industry

Today, SeventySix Capital announced a strategic investment in Vegas Stats & Information Network (VSiN), the first media network dedicated to sports betting information. The deal, led by SeventySix Capital partners Ryan Howard, former MLB superstar, Wayne Kimmel and Jon Powell, will help VSiN create and distribute compelling and actionable sports gambling content across a growing number of platforms. The funding will also allow VSiN, co-founded by acclaimed sportscaster Brent Musburger, to expand its video capabilities and data offering.

“The sports betting industry is projected to be over $250 billion by 2020¹ and we believe that VSiN is positioned to capture a significant share of the media and analytics segment of this new market,” said Kimmel, “We’re excited to partner with the VSiN team to build the media network for the sports betting industry.”

“If someone is going to place a sports bet, credible information is crucial,” Howard said, “My partners and I at SeventySix Capital are investing in the elements within the sports betting industry that consumers need, including data collection, analytics and, now, media.”

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