Published
Mergers & AcquisitionsSports Betting

Better Collective acquires UK site for £2.2m

Better Collective has acquired UK-facing sports betting site mybettingsites.co.uk in a £2.2m ($2.6m) deal.

bettercollective

The betting comparison site, formed in 2015, generated revenue of £400,000 last year, with EBITDA of £300,000. Better Collective expects the site will double this revenue for 2019.

In an attempt to expand within the market, Better Collective established a UK office earlier this year.

Jesper Søgard, Better Collective CEO, said: “We are excited about the acquisition of mybettingsites.co.uk, as it is a well-established site with many visitors in a market that is one of our key strategic markets.”

Ian Bowden, Founder and Editor in Chief of My Betting Sites, said: “I am thrilled mybettingsites.co.uk is becoming part of the Better Collective Group.

“Better Collective’s goal of making gaming both transparent and entertaining aligns to our own values.”

Better Collective’s revenue grew 64% year-on-year for Q2 2019 to €15.8m ($17.3m) attributing the growth to solidifying its position in the US market.

In July, the affiliate acquired US sites VegasInsider.com and ScoresandOdds.com for $20m in cash.

Premium+ Connections
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Crown Melbourne
Resorts World Las Vegas
Crown Melbourne
Global Gaming Women
Svenska Spel
Follow Us

Facing facts: Nevada vs Macau

How is the Nevada gaming market faring against Macau? Gambli...

Taking stock: Kicking off 2025

Gambling Insider tracks online casino operator and supplier...

Responsible gambling: Who is morally, practically and legally responsible?

Within the ethical complexities of gambling, how much onus f...

Account limits: Legality and fairness in the UK

Paul Sculpher, Director of GRS Recruitment and regular Gambl...

Analysing sports betting data from the Australian Open

Sports betting supplier Betby provides Gambling Insider with...

Company profile: Digitain

Discover Digitain: BUILT TO LEAD iGaming Solutions....

Company profile: DS Virtual Gaming

For two decades, DS Virtual Gaming has been at the forefront...

Exploring X Games' move to sports betting

Gambling Insider’s Megan Elswyth speaks to X Games CEO Jer...