|FORT LAUDERDALE, FL (June 23, 2003) – SportsLine.com, Inc. (Nasdaq: SPLN), a leading sports Internet sports media company and publisher of CBS SportsLine.com (http://cbs.sportsline.com), today announced the sale of its VegasInsider.com subsidiary to Sports Information, Ltd. a United Kingdom company. Terms of the sale were not disclosed. |
The Company had previously announced in February its intention to dispose of its gaming information operations, consisting of VegasInsider.com and Las Vegas Sports Consultants, in order to focus on its core business, including proprietary-branded properties NFL.com, PGATOUR.com and NCAAsports.com. The Company expects to complete a transaction regarding the sale of Las Vegas Sports Consultants during the September quarter.
VegasInsider.com is a Web site that provides sports information, news and analysis targeted toward consumers interested in gaming. Las Vegas Sports Consultants is the leading provider of gaming information and analysis targeted toward legal and licensed sports books.