Atlas World Sports Announces Lockspread Acquisition
Atlas World Sports has acquired daily fantasy sports (DFS) site Lockspread.com to strengthen its position in the DFS market.
Users can enjoy Lockspread's innovative game formats with Atlas' sports betting tools.
LISTEN TO THIS ARTICLE:The acquisition will see Lockspread's daily fantasy sports technology merge with Atlas World Sports' software, enhancing its season-long fantasy sports offerings.
With this integration, users can enjoy a holistic gaming experience, combining Lockspread's innovative game formats with Atlas' sports betting tools, expert insights, and real-time data. They will benefit from personalized notifications, seamless sportsbook connectivity, and expert tips tailored to their needs.
Atlas World Sports aggregates multiple sportsbooks and odds in one app and allows users to effortlessly navigate the market. With live scores, stats, news, insights, and predictive AI, the platform equips bettors with comprehensive market oversight and data-driven intelligence.
This acquisition is perfectly timed as Atlas World Sports is currently in the midst of our Series A funding round. Integrating Lockspread.com's unique and engaging DFS platform into our ecosystem allows us to deliver even greater value to our users. Lockspread is a perfect fit for our vision, and this deal accelerates our growth trajectory.
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Operating in 23 states, Lockspread boasts an impressive user base and remarkable growth trajectory. The operator thrives in the dynamic DFS market by leveraging data insights to optimize campaign efficiency.
We created Lockspread to offer a streamlined, fun, and rewarding DFS experience. Joining forces with Atlas World Sports allows us to reach a wider audience and leverage their cutting-edge technology and sportsbook integrations. Together, our goal is to become the premier destination for sports betting and fantasy sports.
Atlas World Sports has appointed industry expert Kevin Koeppel to lead the new fantasy division and integration and spearhead the platform's relaunch in early 2025.
Koeppel brings valuable expertise to the company, having founded and scaled No House Advantage, a DFS platform that offers real-money contests across major professional leagues. The business was acquired in 2021 and was rebranded as Betr in 2023.
I'm thrilled to lead this new division at Atlas World Sports. This is an exciting opportunity to create a premier destination for both season-long and daily fantasy sports, driving value for users across all aspects of the platform, from sports betting and news to fantasy contests and expert insights.
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