QL Gaming Group Acquired by Entercom for $32M

QL Gaming Group, the sports activities knowledge and gaming platform that operates RotoQL, BetQL, Accuscore, and Tennis Perception, has been acquired by Entercom, the native sports activities and information audio broadcaster, for $32M in an all-cash deal.  “We’re thrilled to be becoming a member of the main sports activities audio platform, bringing our betting insights and experience to such a loyal and devoted fan base,” mentioned Justin Park, Cofounder and CEO of QLGG. “Between our capabilities to make bettors higher and the affect Entercom’s platform offers, we will now supply a completely distinctive proposition to the sports activities fanatic that’s second to none.”
We’re thrilled to be becoming a member of the main sports activities audio platform, bringing our betting insights and experience to such a loyal and devoted fan base. Between our capabilities to make bettors higher and the affect Entercom’s platform offers, we will now supply a completely distinctive proposition to the sports activities fanatic that’s second to none. – Justin Park
Based by Frank Kim, Mike Shiekman, and Park in 2015, QL Gaming Group had raised a complete of $7.1M in complete reported fairness funding.  Buyers within the firm embrace Azure Capital Companions, Boston Seed Capital, CEAS Investments, Karlani Capital, Subversive Capital, Velo Companions, Jere Doyle, Michael Spirito, Todd McSweeney, Oakvale Capital, DonBest, Rob Seaver, Tim McSweeney, Mark Mariani, Paul Beattie, Ralph Topping, and Peter Blacklow.  https://medtech.information/https://medtech.information/ lined RotoQL’s first institutional spherical in 2017 – This NYC Startup Raised $1.2M to Make You the Smartest Fantasy Sports activities Participant.  Park will proceed to steer the enterprise. Entercom owns and operates quite a few native radio stations together with sports-focused WFAN in New York and Radio.com.  This acquisition will enable them to monetize this engaged viewers by means of fantasy and gaming content material.
“Because the sports activities betting market continues to develop exponentially, the acquisition of QL Gaming Group is an ideal match for our unequalled sports activities audio platform,” mentioned David Discipline, Chairman, President, and CEO, Entercom. “Integrating QL’s analytics and content material with our sports activities manufacturers allows us to ship unparalleled experiences for sports activities followers. The acquisition builds on our observe file of digital development and additional enhances our direct-to-consumer know-how portfolio with knowledge and analytics capabilities, whereas additionally including an modern new subscription providing to our platform.”
Because the sports activities betting market continues to develop exponentially, the acquisition of QL Gaming Group is an ideal match for our unequalled sports activities audio platform. Integrating QL’s analytics and content material with our sports activities manufacturers allows us to ship unparalleled experiences for sports activities followers. The acquisition builds on our observe file of digital development and additional enhances our direct-to-consumer know-how portfolio with knowledge and analytics capabilities, whereas additionally including an modern new subscription providing to our platform. – David Discipline
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