• Loading stock data...
Thursday, May 2, 2024
Countdown to the Miami Grand Prix
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds
Presented By:
Sports Betting

Bruin Acquires Oddschecker from Flutter for $215M

By
July 13, 2021 | 05:47 pm
  • Flutter Entertainment has agreed to sell its sports betting affiliate Oddschecker.
  • Bruin Capital will pay up to $215 million for the company.
Oddschecker/Design: Alex Brooks

Flutter is selling its sports betting affiliate Oddschecker to Bruin Capital in a deal worth up to $215 million.

Flutter acquired Oddschecker when it purchased now-defunct gaming and online gambling company The Stars Group for $6 billion in 2019. 

Oddschecker is being divested so Flutter can focus on its core global gaming brands like FanDuel and Fox Bet. Oddschecker is a leading sports betting company in the United Kingdom but also operates in the U.S., Italy, and Spain.  

The move makes sense for Bruin, which is already invested in sports from several angles:

  • Launched sports-focused streaming service OverTier in 2017
  • Acquired sports marketing and analytics agency Two Circles in 2019
  • Became a TGI Sport co-owner earlier this year after a $100 million investment  

The Oddschecker acquisition marks the 23rd principal or add-on investment for Bruin since former IMG president and NASCAR executive George Pyne launched the company in 2015.

The transaction also represents the fourth time Oddschecker has changed owners since 1999.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read
by

Iowa Athletes Sue State, Citing ‘Unconstitutional’ Tracking of Gambling
They claim investigators didn’t get warrants, misled about the purpose of questioning.
by

Rockies Coach’s Team Plane Cockpit Visit Triggers Federal Investigation
A since-deleted video shows him sitting in the cockpit mid-flight.
by

A’s Reach Deal to Leave Oakland for Sacramento After This Year
The A’s will play in a minor league park starting in 2025.
by

Ongoing NFL Network Cuts Hit On-Air Talent
The network also made cuts around the ‘Good Morning Football’ move to L.A.
podcast thumbnail
podcast thumbnail mobile
Front Office Sports Today

Why the Kentucky Derby is Still a Hot Ticket, 150 Races Later

0:00
0:00

Featured Today
by

Just Like We Drew It Up? Stadium Renderings Can Excite, Confound, and Anger
During a historic wave of development, drawings wield more power than ever.
The scene in the green room behind the NFL Draft Theater in Detroit on Tuesday, April 23, 2024. Thirteen college players who will be picked in the first round will be waiting in this large room with friends, family, agents and college coaches on Thursday night.
April 27, 2024

More NFL Draft Prospects Are Staying Home, and TV Networks Are Adjusting
Whether making or missing out on millions, more prospects are staying home.
April 21, 2024

Everything You Need To Know About the Legal Attempts To Kill the ACC
Four lawsuits involving the conference, Clemson, and FSU could determine the future.
April 20, 2024

A Bare-Knuckle Fighter Won His Pro Debut. The Far Right Scored a Marketing Win
With Proud Boys sponsoring him, experts say extremist groups will use his success to elevate their ideologies and recruit new believers.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Apply Now
Adidas
Multiple - USA Careers
Apply Now
FanDuel
Multiple - USA Careers
Apply Now

More in Sports Betting
by

New Report Shows How Bookie Laundered Ohtani’s Stolen Cash
Ohtani’s stolen money wound up in a Las Vegas casino.
April 17, 2024

NBA Bans Jontay Porter for Life After Gambling Investigation
The NBA found that Porter gave injury information to sports gamblers, among other violations.
April 17, 2024

NBA’s Lifetime Ban Highlights Surge in Gambling-Related Incidents
The NBA’s lifetime ban on Jontay Porter marks a crescendo of escalating incidents across the industry.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat
How Oracle’s POS technology is helping fans get back to their seats faster.
April 16, 2024

Jontay Porter Bet ‘Millions’ on FanDuel Account: Report
The Raptors forward is currently under league investigation.
April 12, 2024

A Decade-Long Timeline of the Shohei Ohtani–Ippei Mizuhara Saga
Ohtani’s former interpreter has been federally charged with bank fraud.
April 11, 2024

Following a Long List of Blows, MLB Walks for a Change
Officials say the Dodgers’ superstar is ‘considered a victim in this case.’
April 11, 2024

Shohei Ohtani’s Interpreter Stole $16 Million to Cover Gambling Losses, Feds Say
Authorities detailed how Ippei Mizuhara hid bank transfers from Ohtani.