Sports network focused on gambling seeks a new owner amid falling revenue

The twenty four hour betting channel works with an investment bank to find a buyer.

Written by the BettingEdgeHub desk, 15 October 2026

SportsGrid is looking for a buyer as it tries to fix a multi year drop in money coming in. The betting network is working with an investment bank to sort out a sale. Talks with potential buyers have gone on for several months.

Changing media deals

Bookmakers and online casinos used to spend huge amounts of money on media partnerships. Many of those deals failed to make money for the companies involved. DraftKings bought a betting radio network only to sell it away a few years later. Penn Entertainment bought Barstool Sports for a huge sum and later sold it back for one dollar.

Company background and value

The network started in two thousand and ten and provides written articles and live shows about sports. Shows air on major streaming platforms and television networks. The small company has raised limited funding and could sell for a low price.

What is next for buyers

It remains unclear who might buy the betting channel or how much they will pay. Prospective suitors remain unnamed while talks continue. The network hopes a new owner will stabilize its financial position.

What it means for a bet

Punters who use media sites for tips should watch how ownership changes affect betting content quality.

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