Musburger Media Purchases VSiN From DraftKings; Original Founders Brian Musburger And Bill Adee To Lead The Sports Betting Network
Portfolio Pulse from Benzinga Newsdesk
Musburger Media has acquired VSiN from DraftKings. The original founders, Brian Musburger and Bill Adee, will lead the sports betting network.
July 22, 2024 | 7:45 pm
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DraftKings has sold VSiN to Musburger Media. The original founders will lead the sports betting network.
The sale of VSiN by DraftKings to Musburger Media could have a neutral short-term impact on DKNG's stock price. While the divestiture might streamline DraftKings' operations, it is not expected to significantly affect its core business.
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