Vivid Seats expands into online gaming sector with acquisition

Online ticket marketplace Vivid Seats has acquired the fantasy sports app, Betcha Sports. The upfront purchase price is $25m (£18.9m/€22.1m) in Vivid Seats equity with additional payments of up to $40m of earn outs that, if earned, will be paid through a mix of cash and equity.  The deal means that Vivid Seats will be …