SharpLink Gaming has purchased fantasy and sports game provider SportsHub Games Network in an all-stock transaction

SharpLink Gaming has purchased fantasise and sports biz provider SportsHub Games Network in an all-stock transaction.

Founded inwards 2015, SportsHub operates a change of real-money fantasize sports and sports computer simulation games on its have platform. Its fully-licensed political platform reaches o'er 2 gazillion fantasize sports fans who pass around $40m annually on SportsHub’s portfolio of games and contests. The company generated nearly $6m in annual revenue for 2021.

Games uncommitted on the weapons platform include: National Fantasy Championships, Bestball10s, Fanball, Fantasy National Gold Glub, WhatIfSports, and LeagueSafe.

Rob Phythian, Co-Founder and CEO of SharpLink, commented: "This acquisition gives SharpLink access to a large and loyal baseborn of fantasize sports fans who we cognize are also sports bettors, or would likely become sports bettors when legalised in states where they reside.

"With a thriving ecosystem of cash players, many of whom make money inwards their user accounts, we have got a tremendous chance to seamlessly incorporate compelling sportsbook offers within all aspects of the user experience."

John Lettmann, Chairman of the Board of SportsHub, added: “We are excited well-nigh the combination of SportsHub and SharpLink. It represents a merger that we trust will create a substantial chance for our companies as the US sports betting manufacture evolves and matures.

"SharpLink's leading and expertise will help quicken growth within our nucleus fantasise sports and gaming products and reserve us to get an manufacture leader in how sports media and gaming operators user interface with sportsbooks to present economic value for all stakeholders."

Last month, SharpLink named Robert DeLucia as its new CFO.