NEWS
Treasure Global Inc Acquires an Innovative Sports Engagement & Gaming Platform
Treasure Global Inc (NASDAQ: TGL) announced its plan to acquire 100% shareholding of Who Knows Wins (WKW), a UK-based innovative online sports engagement platform. The acquisition aligns with Treasure Global's strategic vision to leverage technology for revenue growth and expansion in the US market. WKW operates a robust proprietary platform with features like real-time sports data feeds, social integration, and anti-money laundering measures, catering to 65,000 users. The acquisition will enhance Treasure Global's offerings, drive multiple revenue streams, and position WKW as a key player in the sports engagement industry. WKW's partnership with GolfNow , a subsidiary of NBC, further strengthens its market position. The global sports technology market is projected to grow at a CAGR of 20.8% from 2023 to 2030, driven by increasing demand for interactive fan experiences.
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