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New Deal


Announced

Bally’s to acquire Telescope from HIG.

Synopsis

Bally’s, a casino-entertainment company, agreed to acquire Telescope, a provider of real-time fan engagement solutions, from HIG Capital, a capital investment company. “We are excited to integrate Telescope and its innovative audience engagement products into Bally’s growing and diversified portfolio of interactive assets. Mobile technology continues to play an increasingly significant role and Telescope brings an expert level of creativity, innovation, and effectiveness in the social and digital media space that we are confident will enhance our customers’ interactivity and engagement with our products. We look forward to working alongside the Telescope team to not only strengthen the business, but also develop new engagement tools that we can leverage across our expanding media and digital footprint,” Adi Dhandhania, Bally’s Corporation Senior Vice President of Strategy and Interactive.

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