SportsGrid reportedly seeks buyer after revenue declines since 2022
SportsGrid has reportedly been marketed to potential buyers since summer, with Telos Advisors leading the sale process, according to a report. The company generated about $20 million in revenue in 2022, but revenue fell in subsequent years after it lost major sportsbook partnerships, including with FanDuel and BetMGM. The expected sale value was not disclosed.
A sale could change ownership of a sports betting content provider whose operator partnerships have weakened.