US media tycoon Peter Chernin has acquired three market leaders in sports betting and fantasy sports data, in a move that highlights the sector’s potential in the US.
Sports Insights, FantasyLabs and SportsAction will be united to form the Action Network, a subscription-based platform to “give sports bettors access to data and analytical tools, along with articles, podcasts and videos that analyse sports from the perspective of a fan who has money on the line,” said Chernin, the chairman and chief executive of Chernin Group.
