They bring extensive experience in social mobile app development, user experience and community driven games. Wagr was the first social sports betting operator to receive a license in the United States.
'Wagr stands out for their innovative emphasis on community and social engagement in sports gaming, which aligns perfectly with the Yahoo award-winning fantasy platform that has brought tens of millions of fans together around their love of sports for over 20 years.' “The acquisition of Wagr is an exciting step in the development of the next generation of Yahoo Sports' gaming portfolio,' said Jim Lanzone, CEO of Yahoo. The acquisition of Wagr augments and accelerates Yahoo Sports’ vision to create and deliver the most compelling fantasy and gaming products. NEW YORK-( BUSINESS WIRE)-Yahoo today announced the acquisition of Wagr, a peer-to-peer sports betting app focused on making gaming social and accessible.
