What does rebuild and relaunch mean? :think2:
Overdrive Marketing Inc. Acquires Leading U.S. Sports Betting Brand TheRX.com
News provided by
Overdrive Marketing, Inc.
Apr 09, 2021, 09:53 ET
DALLAS, April 9, 2021 /PRNewswire/ -- Overdrive Marketing Inc. has purchased popular online sports wagering portal TheRX.com in a deal worth $2.4 million.
TheRX.com has operated one of the world's largest sports betting forums since 1995, and it also provides daily sports news, picks and insight.
Overdrive Marketing Inc. is a Texas-based company that operates OddsTrader.com, a leading platform for U.S. betting odds, stats, live scores and injury reports.
Timothy Seay, Chief Executive Officer at Overdrive, commented
"The acquisition of TheRX.com puts us in a strong position to capitalize on the huge potential of the burgeoning U.S. sports betting industry.
Overdrive Marketing, Inc., has stated it will rebuild the website and relaunch it in time for the 2021 football campaign.
Overdrive Marketing Inc. Acquires Leading U.S. Sports Betting Brand TheRX.com
News provided by
Overdrive Marketing, Inc.
Apr 09, 2021, 09:53 ET
DALLAS, April 9, 2021 /PRNewswire/ -- Overdrive Marketing Inc. has purchased popular online sports wagering portal TheRX.com in a deal worth $2.4 million.
TheRX.com has operated one of the world's largest sports betting forums since 1995, and it also provides daily sports news, picks and insight.
Overdrive Marketing Inc. is a Texas-based company that operates OddsTrader.com, a leading platform for U.S. betting odds, stats, live scores and injury reports.
Timothy Seay, Chief Executive Officer at Overdrive, commented
"The acquisition of TheRX.com puts us in a strong position to capitalize on the huge potential of the burgeoning U.S. sports betting industry.
Overdrive Marketing, Inc., has stated it will rebuild the website and relaunch it in time for the 2021 football campaign.
Boy did they get hoodwinked. 2.4 Million LOL Sorry but this site isn't worth anywhere near that amount.
How do you even get to that evaluation.
From GoDaddy
https://www.godaddy.com/domain-valu...?checkAvail=1&tmskey=&domainToCheck=therx.com
therxforum.com Estimated Value: $19,702
How do you even get to that evaluation.
From GoDaddy
https://www.godaddy.com/domain-valu...?checkAvail=1&tmskey=&domainToCheck=therx.com
therxforum.com Estimated Value: $19,702
At first I thought I was reading a thread from April 1st. I'll admit it, then noticed it wasn't. I just laughed. Good for whoever sold it to them, I assume SBR since they owned it. I am guessing by the presser SBR wasn't part of the deal. That should speak volumes all in itself.
Guess we shall see, but 2.4 Million. They could've started their own forum and had 2.4 million left in reserves.
Yea also there are several stories on the net about this besides the link I put up .
One of them goes into more detail about the company that bought therx.
They already have a scores and odds site that focuses exclusively on legal sports book in the USA.
So it looks like they are going to scrap the entire offshore sports book theme of this place and focus on US based companies like draft kings
One of them goes into more detail about the company that bought therx.
They already have a scores and odds site that focuses exclusively on legal sports book in the USA.
So it looks like they are going to scrap the entire offshore sports book theme of this place and focus on US based companies like draft kings
This link
https://tylerpaper.com/news/texas/o...cle_4d8abe02-45df-5f34-a925-77da3dd63fce.html
Gives a link to their other website called odds trader which focuses exclusively on USA based legal sports books
https://tylerpaper.com/news/texas/o...cle_4d8abe02-45df-5f34-a925-77da3dd63fce.html
Gives a link to their other website called odds trader which focuses exclusively on USA based legal sports books
