SeventySix Capital, the Conshohocken-based venture capital firm, Monday announced the latest company to get backing from its $10-million sports tech fund: Las Vegas-based Vegas Stats & Information Network (VSiN).
The company, cofounded in 2017 by longtime CBS sportscaster Brent Musburger, offers 24/7 information and analysis from “key innovators in the Las Vegas gaming industry,”writes Roberto Torres at techical.ly.
The streaming network wants to bring an end to the era “when broadcasters subtly referenced point spreads and the over/under during games” and let gamblers have live access to tips and stats, streamed from a studio set located in the middle of the South Point Hotel Casino and Spa. The hotel is also where the company’s 40 full timers work from.
SeventySix Capital declined to disclose the amount of the investment, but said it was in its usual range of $250,000 to $1 million.