RotoGrinders

Last updated
RotoGrinders.com
RotoGrinders-high-res-logo-transparent.png
Type of site
 Daily fantasy sports
FoundedSeptember 3, 2010 (2010-09-03)
Headquarters Nashville, Tennessee, United States
Area servedWorldwide
Founder(s) Cal Spears
Cameron MacMillan
Riley Bryant
Key people
  • Cal Spears, CEO
    Cameron MacMillan, COO
    Dan Back, SVP
    Riley Bryant, CTO
Industry Internet, fantasy sport
URL www.rotogrinders.com

RotoGrinders is a web-based daily fantasy sports community and daily content website co-founded by Cal Spears, Riley Bryant and Cameron MacMillan in 2010. [1]

Since 2012, RotoGrinders has hosted the “Tournament Player of the Year” race, which is designed to recognize the best large-field, daily fantasy tournament player each year. The Tournament Player of the Year rankings are calculated by aggregating results from contests across all major daily fantasy gaming sites. Participants are awarded points using a formula based on their top-50 finishes in tournaments with prize pools greater than $10,000.

In addition to ranking the top players, the site offers news, tips, forums, daily shows, tips and tools for creating daily fantasy lineups. [2] In October 2014, NBC Sports announced the creation of a partnership with RotoGrinders for daily fantasy content. [3] RotoGrinders was named the 2015 Best News & Analysis Site in the Daily Fantasy Sports category by the Fantasy Sports Trade Association. [4]

In October 2018, RotoGrinders created the RG Network. [5] The purpose of the network is to establish player rankings systems similar to the Tournament Player of the Year in other online gaming industries, including poker and sports betting. The RG Network consists of RotoGrinders and three other platforms owned by the company: PocketFives, Fantasy Insiders and SharpSide.

In May 2019, Copenhagen-based Better Collective purchased a controlling interest in RotoGrinders. [6] In the terms of the agreement, Better Collective acquired a 60% stake in RotoGrinders for a fee of $21 million and will acquire the remaining 40% between 2022 and 2024. In light of 2018 legislative changes legalizing sports gambling on a state-by-state basis, the transaction created a strategic crossover between daily fantasy sports and sports betting for both companies. [7]

On November 04, 2021, Better Collective decided to complete the acquisition of the remaining 40% share stake in the US based RotoGrinders Network at a total price of 33 mEUR. The acquisition of the remaining 40% of the shares were paid through a 22 mEUR cash consideration and the remaining part in shares or cash. This brought the expected transaction price for 100% of the shares in RotoGrinders Network to a total of 51 mEUR, an equivalent to 7.5x the expected 2021 EBITDA. [8]

On January 1, 2022, Dan Back took on a new role as the Senior Vice President of Operations at RotoGrinders. In a corresponding move, Cal Spears and Cameron MacMillan stepped back, and into advisory roles. [9]

Related Research Articles

A fantasy sport is a game, often played using the Internet, where participants assemble imaginary or virtual teams composed of proxies of real players of a professional sport. These teams compete based on the statistical performance of those players in actual games. This performance is converted into points that are compiled and totaled according to a roster selected by each fantasy team's manager. These point systems can be simple enough to be manually calculated by a "league commissioner" who coordinates and manages the overall league, or points can be compiled and calculated using computers tracking actual results of the professional sport. In fantasy sports, as in real sports team owners draft, trade, and cut (drop) players.

<span class="mw-page-title-main">Fantasy football (gridiron)</span> Reality-based football game

Fantasy football is a game in which the participants serve as owners and general managers of virtual professional American football teams. The competitors select their rosters by participating in a draft in which all relevant National Football League (NFL) players are available. Fantasy points are awarded in weekly matchups based on the actual performances of football players in real-world competition. The game typically involves the NFL, but can also involve other leagues, such as the Canadian Football League or NCAA.

Fantasy baseball is a game in which the participants serve as owners and general managers of virtual baseball teams. The competitors select their rosters by participating in a draft in which all relevant Major League Baseball (MLB) players are available. Fantasy points are awarded in weekly matchups based on the actual performances of baseball players in real-world competition. The game typically involves MLB, but can also involve other leagues, such as American college baseball, or leagues in other countries, such as the KBO League.

<span class="mw-page-title-main">Modern Times Group</span> Digital entertainment company

Modern Times Group (MTG) is a digital entertainment company based in Stockholm, Sweden. It formed from the media holdings of investment company Kinnevik, which in 1997 was distributed to the company stockholders. It is a strategic and operational investment holding company, managing a portfolio including gaming companies InnoGames, Ninja Kiwi and Kongregate, and digital network company Zoomin.TV.

Discovery, Inc. was an American multinational mass media factual television conglomerate based in New York City. Established in 1985, the company operated a group of factual and lifestyle television brands, such as the namesake Discovery Channel, Animal Planet, Science Channel, and TLC. In 2018, the company acquired Scripps Networks Interactive, adding networks such as Food Network, HGTV, and Travel Channel to its portfolio. Since the purchase, Discovery described itself as serving members of "passionate" audiences, and also placed a larger focus on streaming services built around its properties.

<span class="mw-page-title-main">Banca Comercială Română</span>

Banca Comercială Română (BCR) is a Romanian universal bank. It is one of the main banks in Romania and is a subsidiary of Erste Group.

Fantasy basketball is a game in which the participants serve as owners and general managers of virtual professional basketball teams. The competitors select their rosters by participating in a draft in which all relevant National Basketball Association (NBA) players are available. Fantasy points are awarded in weekly matchups based on the actual performances of basketball players in real-world competition. The game typically involves the NBA, but can also involve other leagues, such as the Women's National Basketball Association (WNBA) or NCAA.

Playtech plc is a gambling software development company founded in 1999. The company provides software for online casinos, online poker rooms, online bingo games, online sports betting, scratch games, mobile gaming, live dealer games and fixed-odds arcade games online. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Matthew J. Berry is an American writer, columnist, fantasy sports analyst, and television personality. Berry started his career by writing for television and film and creating a few pilots and film scripts with his writing partner Eric Abrams. After writing for Rotoworld as a side-job, Berry launched his own fantasy sports websites "TalentedMr.Roto.com" in 2004 and "Rotopass.com". Berry worked for ESPN from 2007 to 2022 as their "Senior Fantasy Sports Analyst".

<span class="mw-page-title-main">RotoHog</span>

RotoHog was the consumer facing fantasy sports website for Fastpoint Games, a digital platform developer that designed, implemented and marketed fantasy services for media and advertising partners. The company built, delivered, and managed co-branded fantasy sports games for major media companies, sports companies, and professional sports leagues.

<span class="mw-page-title-main">RotoWire</span> American fantasy sports company

RotoWire.com is a company based in Madison, Wisconsin, U.S. that specializes in fantasy sports news and fantasy-style games. RotoWire provides fantasy news and information to ESPN.com, Yahoo! Sports, FoxSports.com, NFL.com, CBSSports.com, FanDuel, DraftKings and Sirius XM Radio. RotoWire is the successor to RotoNews.com, which pioneered the concept of real-time fantasy sports information when launched in 1997.

FanGraphs.com is a website run by Fangraphs Inc., located in Arlington, Virginia, and created and owned by David Appelman that provides statistics for every player in Major League Baseball history.

FanDuel Group is an American gambling company that offers sportsbook, daily fantasy sports, horse racing, and online casino. The company operates sportsbooks in a number of states including New Jersey, Pennsylvania, Indiana and West Virginia, as well as an online horse race betting platform, and a daily fantasy sports service.

FNTSY Sports Network is a multinational over-the-top internet television service owned by Sportsgrid Inc.

<span class="mw-page-title-main">Anthem Sports & Entertainment</span> Broadcasting and production company based in Toronto, Ontario

Anthem Sports & Entertainment is a Canadian multinational media company based in Toronto, Ontario and founded by Leonard Asper. Its assets include combat sports and sports entertainment properties, global film distribution company Gravitas Ventures, and several specialty television networks in Canada and the United States.

<span class="mw-page-title-main">DraftKings</span> Daily fantasy sports content provider

DraftKings is an American daily fantasy sports contest and sports betting company. The company allows users to enter daily and weekly fantasy sports–related contests and win money based on individual player performances in five major American sports, Premier League and UEFA Champions League football, NASCAR auto racing, Canadian Football League, the XFL, mixed martial arts (MMA), Boxing, Tennis, All Elite Wrestling (AEW), and WWE.

Flutter Entertainment plc, formerly Paddy Power Betfair plc, is an international sports betting and gambling company. It is listed on the London Stock Exchange, and is a constituent of the FTSE 100 Index. It owns brands such as Betfair, FanDuel, Paddy Power, PokerStars, Sky Betting & Gaming, and Sportsbet.

The Action Network is a sports media company featuring news and analysis focused on sports betting in the United States.

<span class="mw-page-title-main">Bally's Corporation</span> American gaming, betting, and entertainment company

Bally's Corporation is a gaming, betting, and interactive entertainment company headquartered in Providence, Rhode Island. It owns and operates 15 casinos across ten states, a horse track in Colorado, and online sports betting operations in 14 states. Additionally, the company owns the sports betting platform Bet.Works, daily fantasy sports operator Monkey Knife Fight, and SportCaller, a free-to-play game provider.

<span class="mw-page-title-main">Game+</span> Canadian specialty TV channel

Game+ is a Canadian English language specialty channel owned by Anthem Sports & Entertainment. Originally launched on March 4, 2014 as FNTSY Sports Network, Game+ is an off-shoot of GameTV focused on programming relating to fantasy sports, sports betting, Esports, outdoor recreation, poker, professional wrestling, and other competition and sports entertainment-based programming.

References

  1. ↑ McGee, Jamie. "Fantasy sports pays off for Nashville's RotoGrinders.com". The Tennessean. Retrieved 31 August 2014.
  2. ↑ "How one company profited from the daily fantasy sports boom — without the legal risks". finance.yahoo.com. 23 September 2017. Retrieved 2019-07-09.
  3. ↑ Heitner, Darren. "NBC Sports Expands Presence In Daily Fantasy With RotoGrinders Partnership". Forbes.
  4. ↑ "FSTA AWARDS Recognizing The Industry's Best". Fantasy Sports Trade Association. FSTA. Retrieved 17 January 2017.
  5. ↑ "RotoGrinders merge PocketFives to launch RG Network". CalvinAyre.com. 2018-10-10. Retrieved 2019-07-09.
  6. ↑ "Better Collective secures RotoGrinders takeover". Affiliate Insider. 28 May 2019. Retrieved 15 June 2019.
  7. ↑ "Better Collective Spotlight: Moving into DFS through RotoGrinders deal". SBC News. 2019-06-14. Retrieved 2019-07-09.
  8. ↑ A/S, Better Collective (2021-11-04). "Better Collective completes acquisition of remaining shareholding in RotoGrinders Network". GlobeNewswire News Room (Press release). Retrieved 2021-12-28.
  9. ↑ @dan_back (4 November 2021). ".@CalSpears & @Cam_Mac_Millan changed my life & countless others for the better because of their forward thinking v…" (Tweet) – via Twitter.
Sport balls.svg

This article about a sports website is a stub. You can help Wikipedia by expanding it.

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.