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entertainment

Endeavor to Buy Sports Betting Software Company OpenBet for $1.2 Billion

By
Aidan Ryan
· · Source: The Information

Entertainment company Endeavor Group Holdings has reached a deal to acquire sports betting software company OpenBet from Scientific Games Corporation for $1.2 billion, mostly in cash. The acquisition reflects a surge of interest in sports betting caused by its legalization in numerous states. Endeavor already owns sports video streaming and data provider IMG Arena but this deal will reinforce...

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