Satellite broadcaster Sky is expanding its gambling operation with the acquisition of an online betting and information company.
Sky is buying 365 Media Group for 68p per share, valuing the firm at £96m.
The group claims to offer the largest online sports network in Europe, with more than nine million web users accessing its sites every month.
"The acquisition of 365 Media will contribute to Sky's aim of being a leading provider of online sports and gaming services," said Jeremy Darroch, chief financial officer at Sky.
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