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New Deal


Announced

Completed

Penn National Gaming completed the acquisition of Score Media and Gaming for $2bn.

Financials

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Transaction Value£1,437m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales111x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Public

Majority

Entertainment

Friendly

Canada

sports betting

Cross Border

Acquisition

Single Bidder

digital media

Private Equity

Completed

Synopsis

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Penn National Gaming, an American operator of casinos and racetracks, completed the acquisition of Score Media and Gaming, a digital media company, for $2bn. “We’re excited to be creating this powerful new entertainment flywheel that will provide us with multiple growth channels that transcend our current business verticals. We look forward to entering the Canadian gaming market, which represents a compelling new opportunity, and are proud to have John Levy and his family and their entire team bring their best-in-class technology, unique perspective and skill sets to our Penn National family,” Jay Snowden, Penn National Gaming President and CEO.

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