PrizePicks Acquisition, Valuation, Funding & Investors

Sportradar is a Swiss sports technology company headquartered in St. Gallen that supplies sports data, content and related services to bookmakers, media companies and sports organizations. Through its Betradar brand it provides bookmakers with sports data, odds suggestions, managed trading services and streaming, and it also sells integrity services that monitor betting markets for match-fixing, audiovisual distribution, OTT streaming and digital advertising services. Its partners include the NFL, NBA, NHL, NASCAR and the International Tennis Federation, and its customers include hundreds of bookmakers and state lotteries such as Veikkaus, Svenska Spel and Norsk Tipping. It earns subscription and revenue-share income, and reported revenue of 1.29 billion euros and net income of 100 million euros for 2025, with about 3,900 employees in 29 offices across 20 countries. The business began in 2001 in Trondheim, Norway, as Market Monitor AS, founded by Petter Fornæss and Tore Steinkjer to extract betting odds from online bookmakers, with Carsten Koerl, now group chief executive, buying 51%. EQT invested in 2012, and Michael Jordan and Mark Cuban came in through a Revolution-led investment in 2015. Sportradar listed on Nasdaq (SRAD) on 14 September 2021 at a valuation of about $8 billion.

Dream Sports is a Mumbai-headquartered sports technology company operating brands like Dream11 for fantasy sports, FanCode for live streaming, DreamX for technology services, DreamSetGo for experiences, and DreamPay for payments. Founded in 2008, the firm expands fan engagement through content, commerce, events, and merchandising in cricket, football, and other sports across India.

Dream11 is a Mumbai-headquartered fantasy sports platform on which users build virtual teams of real players in cricket, football, kabaddi, basketball and other sports and score points from those players' real-match performances. It was founded in 2008 by Harsh Jain and Bhavit Sheth and is the flagship brand of Dream Sports, whose other businesses include the sports streaming and content app FanCode and DreamSetGo. The platform earned most of its revenue from paid contests and grew from 1 million registered users in 2014 to a claimed 200 million by October 2023. Revenue rose from Rs 224.6 crore in FY2018 to Rs 6,384 crore in FY2023, when it reported a profit of Rs 188 crore, and the company has held the Indian cricket team jersey sponsorship. Backers including Kalaari Capital, Think Investments, Multiples, Tencent, Steadview Capital, Tiger Global, TPG, ChrysCapital, TCV, D1 Capital, Falcon Edge, DST Global and RedBird Capital valued Dream Sports at $8 billion in November 2021. In August 2025, after India's Parliament passed the Promotion and Regulation of Online Gaming Act, Dream11 paused all paid contests, which had accounted for more than 90% of its revenue.

Better Collective AS is a developer of educational platforms within the iGaming industry. The company's segment includes Publishing, Paid Media and Esports. It generates maximum revenue from the Publishing segment. The publishing business segment includes revenue from Collective's proprietary online platforms and media partnerships, where online traffic comes either directly or through organic search results.

Gentoo Media Inc is an affiliate connecting operators and players in the online gambling and sports betting industry, offering an array of iGaming affiliate solutions, such as paid marketing expertise and quality traffic through its prominent industry sites. The Group operates in two segments, which is Publishing; and Paid Media. It derives maximum revenue from Publishing segment. The publishing segment generates revenue by creating content monetized through ads, subscriptions, or sponsorships. It attracts audiences organically via Search Engine Optimization (SEO), social media, and direct traffic, earning from programmatic ads, direct brand deals, or paywalls.

Games24x7 is a Mumbai-headquartered online skill gaming company operating RummyCircle, India's largest online rummy platform, My11Circle, the country's second-largest fantasy sports platform, and U Games, a portfolio of casual gaming titles. The company serves more than 100 million users from offices in Bengaluru, New Delhi, Miami, and Philadelphia.

Mobile Premier League is a Bangalore-headquartered eSports platform for skill-based mobile gaming with real cash prizes. Users compete in arcade games like Bubble Shooter, sports simulations including cricket and football, and adventure puzzles. Founded in 2018, the app serves 10 crore players across India with daily tournaments regulated by gaming commissions in Nagaland and Tamil Nadu. It integrates Paytm and bank transfers for instant payouts.

Ballys Intralot SA is a iGaming operator and a world-wide provider of lottery solutions. The company enables operators to modernize their retail and digital offerings, deliver personalized and responsible player experiences, and operate with greater agility and efficiency in an increasingly converging gaming ecosystem. Its products and services include: B2C operations, Gambling Solutions, Betting Solutions, Lottery Solution and Digital Transformation.

Genius Sports Ltd is a B2B provider of scalable, technology-led products and services to the sports, sports betting, and sports media industries. Its services are organized into three key product areas including Sports Technology and Services; Betting Technology, Content and Services; and Media Technology, Content and Services. All of its products are powered by proprietary technology and robust data infrastructure. It generates maximum revenue from the Betting Technology, Content and Services division. Geographically, the company derives a majority of its revenue from Europe.

Entain is an international sports betting and gambling group, formally Entain plc and formerly GVC Holdings, listed on the London Stock Exchange (LON:ENT) and a constituent of the FTSE 250. It was incorporated in Luxembourg in 2004 as Gaming VC Holdings by a group of American investors led by Steve Barlow, to acquire the German-language online casino Casino-Club. It re-registered in the Isle of Man as GVC Holdings in 2010 and is headquartered in Douglas. It grew through acquisitions: Sportingbet in 2012 with William Hill, Bwin.Party Digital Entertainment in 2016 for £1.1 billion, and Ladbrokes Coral, agreed in December 2017 for up to £4 billion. It later bought the Australian bookmaker Neds and the bingo platform Cozy Games. Its brands include Ladbrokes, Coral, bwin, Sportingbet, PartyPoker, Party Casino and Foxy Bingo. In the United States it owns half of BetMGM, formed with MGM Resorts in 2018. Entain reported revenue of £5,325.4 million and operating income of £861.2 million in 2025 and employs about 30,000 people. It is chaired by Pierre Bouchut, with Stella David as chief executive. Revenue comes from betting and gaming margins online and in retail shops.

Tabcorp is essentially a pure-play Australian wagering operator, with exclusive rights to physical wagering at venues (pubs, clubs, and racecourses) and also a digital offering. Tabcorp operates through principally through two segments: wagering and media and gaming services. The firm conducts wagering activities under the TAB brand both online and physically in every Australian state and territory other than Western Australia, reaching 90% of the population through a network of retail venues. In addition, Integrity Services provides services to electronic gaming machine venues.

Rush Street Interactive Inc is an online gaming and entertainment company that focuses on online casinos and online sports betting in the U.S. and Latin American markets. It provides customers with an array of gaming offerings such as real-money online casinos, online sports betting, and retail sports betting, as well as social gaming, which involves free-to-play games that use virtual credits that can be earned or purchased. The company generates revenue by offering online casinos, online sports betting, and social gaming directly to the end customer through its websites or apps. The company generates revenue through business-to-consumer (B2C) and business-to-business (B2B) models.