M&A

Sporttrade gains Colorado market access through Momentum Sports acquisition

Start-up sports betting firm lands Denver-based operator as part of US expansion strategy

Sporttrade has acquired Momentum Sports and Entertainment Inc., a sports betting company headquartered in Denver. Through the acquisition, Sporttrade will gain access to the Colorado market thanks to Momentum Sports’ existing operator license there. Based in Philadelphia, Sporttrade is a fintech startup striving to reimagine sports betting through an exchange-based model. Its goal is to…

Colorado | M&A | Marketing | Momentum Sports | Sports betting | Sporttrade

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