The Gambling Beat: Action Network Bought by Better Collective for $240 Mil

Submitted by Gilbert Horowitz on

Written by :

Gilbert Horowitz

Published on :

The Gambling Beat: Action Network Bought by Better Collective for $240 Mil

Better Collective, a Denmark media outlet considered to be one of the top developers of educational platforms within the iGaming industry, has announced its intention to buy the U.S. betting-analytics firm Action Network for $240 million.

In doing to, the company says it is seeking more scale in dealings with gambling operators.

This is the latest in a seris of bold moves by betting companies to purchase media outlets tied to the gaming sector.

Last week, DraftKings Inc., a digital entertainment and gaming company, purchased rights to a popular podcast by former ESPN host Dan Le Batard for $50 million.

Mattress Mack Loses $2.4 Million, Steve Kornacki a Winner

The man known as “Mattress Mack” bet $2.4 million on Essential Quality to win this past weekend's Kentucky Derby.  That turned out to be a loser.

Jim McIngvale, aka “Mattress Mack”, owns the Gallery Furniture chain in Houston. He's known for placing large bets in the millions.

Of the NBC prognosticators, only the magic election board khaki wearing Steve Kornaki picked the winner of Saturday's race, Medina Spirit.  He claimed to have cracked down the numbers, similar to what he does on Election Night for MSNBC, to arrive at his pick.

Kornaki makes it all look so easy.

- Gilbert Horowitz, Gambling911.com

Related Content

Knoxville Tennessee is Getting a New Nonstop Flight to Las Vegas

Knoxville Tennessee is Getting a New Nonstop Flight to Las Vegas

Southwest Airlines has announced it will begin flying nonstop flights between Knoxville, Tennessee and Las Vegas, Nevada on Saturdays and Sundays, which will compliment Allegiant Airlines Monday and Friday nonstop flights.
Rare Albino Alligator Sisters to Make This Marksville Louisiana Casino Their New Home

Rare Albino Alligator Sisters to Make This Marksville Louisiana Casino Their New Home

Native American tribes consider albino alligators extraordinary beings that are often associated with spirituality, renewal and the importance of respecting the natural world.
ISPs in France Ordered to Block Polymarket

ISPs in France Ordered to Block Polymarket

France’s gambling regulator said on Friday it had instructed internet service providers to block access to the ​Polymarket betting website, citing concerns that it ‌could expose users to significant gambling losses and that some wagers offered on the platform could be manipulated.
Jemma McColgan's View On Stake's Financial Position in 2026

Jemma McColgan's View On Stake's Financial Position in 2026

As one of the site’s top writers and editors, Jemma has over a decade of experience in this fast-paced industry – meaning she’s witnessed the rise of crypto casinos like Stake from the very beginning.