Announced
Completed
Financials
Tags
Domestic
United States
Casinos and Gambling
sports betting
Acquisition
Friendly
Majority
Single Bidder
Private
Completed
Synopsis
Bally's, a gaming company, completed the acquisition of Bet.Works, a US-based, sports betting platform provider to operators in New Jersey, Iowa, Indiana and Colorado, for $125m. "This is the next step in our Company's evolution. By combining our expanding national footprint of casinos, the recently acquired Bally's brand, and Bet.Works' proprietary technology stack, we have evolved in just a few short years from a regional casino operator into the first US gaming company committed to serving our customers with an omni-channel approach, combining the best of our physical properties with a superior online experience," Soo Kim, Bally's Chairman.
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