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Sportech teams up with Viggle to acquire MGT’s DraftDay

9th September 2015 1:28 pm GMT

London-listed gaming operator Sportech has entered into a partnership with New York-based entertainment and rewards platform Viggle to jointly acquire DraftDay, the third-largest operator in the US daily fantasy sports (DFS) market.

Sportech had originally agreed to acquire DraftDay from current owner MGT Capital Investments via a newly-formed investment vehicle Random Outcome USA in June, but will now form DraftDay Gaming Group with New York-listed Viggle to take over ownership of the DFS business.

The new entity will feature the [...]

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