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SeventySix Capital rolls the dice on the ESPN of sports betting

The hotel is also where the company’s 40 full timers work from. “This investment comes at an exciting time, as the legalization of sports gambling across the country is driving an evolution within the sports media space,” said Brian Musburger, cofounder and chairman of VSiN (and the sportscaster’s nephew). “This will change the way people watch sports.” SeventySix Capital declined to disclose the amount of the investment, but said it was in its usual range of $250,000 to $1 million. Per a press release, VSiN will use the dough to expand its video capabilities and data offering. But what exactly does that mean? Spokeswoman Michelle Musburger (Brian’s wife) said the company is working to improve its subscription model and developing an over-the-top (OTT)  streaming offering in the vein of what companies like  Sling and Fubo  have done to capitalize on the cord-cutting movement and bypass the big content distributors.

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