DraftKings eyeing deal to sell VSiN
DraftKings, one of the country’s leading online gambling enterprises, is mulling over the sale of its high-profile asset – the Vegas Sports Information Network (VSiN).
The Las Vegas sports radio network, an esteemed forum of which Brent Musburger, a prominent sports betting promoter and the network’s founder, is an integral part, was brought under DraftKings’ wing in March 2021 for a hefty $70 million.
According to a disclosure made by Eilers & Krejcik Gaming (EKG), renowned gaming analysts, DraftKings appears to be on the brink of parting ways with VSiN, with the asking price rumored to be a pittance compared to the purchase price.
Some industry insiders, drawing parallels to last year when Penn Entertainment auctioned off Barstool Sports to its founder, Dave Portnoy, for a nominal fee of just $1, suggest that such could be the fate of VSiN. EKG additionally hinted that Brent Musburger, the experienced broadcaster who laid the groundwork for VSiN in 2017, could be the most probable contender for the acquisition.