Madison, Wisconsin-based fantasy sports company RotoWire recently announced it will launch CoverWire, a free service that will provide injury reports, trades, statistics, trends and other information to gamblers.
RotoWire President Peter Schoenke said, “We’re going to try and do the same thing for sports betting that we’ve done for fantasy sports. It’ll be all the things that impact the outlook for a sports bettor.” CoverWire only will offer information and will not take wagers, Schoenke said.
Founded in 1997, RotoWire provided more than 100,000 individuals with fantasy sports league products in the past year, Schoenke noted. He said he believes a similar market exists for sports betting information. “There’s a lot of consumer demand for legalized sports betting. At some point I think sports gambling in nearby states is going to impact casino revenues in Wisconsin,” he said, adding tribal casino interests may slow any momentum.
RotoWire hosts thousands of fantasy sports leagues in football, baseball, basketball, golf, hockey and tennis, among others.
