Entertainment exclusive innovations Company

Endeavor to Buy OpenBet Sports-Gambling Company for $1.2 Billion

Reading now: 337
variety.com

Todd Spangler NY Digital EditorEndeavor is putting down a big bet on sports wagering: The entertainment and talent-agency company clinched a deal to acquire OpenBet, a sports-gambling company, for $1.2 billion.Endeavor is buying OpenBet from Scientific Games.

The deal price of $1.2 billion will be paid through a combination of $1 billion in cash and $200 million in Endeavor’s Class A common stock.

Read more on variety.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA