M&A Deal Summary

1/ST Acquires DRF Bets

On June 11, 2025, 1/ST acquired internet software and services company DRF Bets from Daily Racing Form

Acquisition Highlights
  • This is 1/ST’s 1st transaction in the Internet Software and Services sector.
  • This is 1/ST’s 2nd transaction in the United States.
  • This is 1/ST’s 1st transaction in New York.

M&A Deal Summary

Date 2025-06-11
Target DRF Bets
Sector Internet Software and Services
Buyer(s) 1/ST
Sellers(s) Daily Racing Form
Deal Type Divestiture

Target

DRF Bets

New York, New York, United States
DRF Bets is an online betting platform based in New York City.

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Buyer(S) 1

Buyer

1/ST

Aurora, Ontario, Canada

Category Company
Founded 1999
Sector Leisure
DESCRIPTION

1/ST is a horse racetrack operator and supplier of pari-mutuel wagering technology. It offers customers the thrill and excitement of live thoroughbred racing and wagering at racetracks. 1/ST was formed in 1999 and is based in Aurora, Ontario.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: New York M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-16 Rosecroft Raceway

Fort Washington, Maryland, United States

Rosecroft Raceway is a provider of racetracks.

Buy -

Seller(S) 1

SELLER

Daily Racing Form

New York, New York, United States

Category Company
Founded 1894
Sector Media
DESCRIPTION

Daily Racing Form is a multi-media information company dedicated to providing premium data driven content and analytical tools to horse racing enthusiasts. Daily Racing Form was founded in 1894 and is based in New York, New York.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-15 Sullivan Brothers

Madison, Wisconsin, United States

Sullivan Brothers, Inc. is a producer of daily programs for multiple thoroughbred, harness and greyhound racetracks and jai alai frontons along the eastern seaboard.

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