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New Deal


Announced

Completed

Endeavor completed the acquisition of OpenBet from Scientific Games for $800m.

Financials

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Transaction Value£633m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

betting

online

Casinos and Gambling

Acquisition

Friendly

Cross Border

Majority

Private

Single Bidder

Completed

Synopsis

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Endeavor, an entertainment, sports and content company, completed the acquisition of OpenBet, a provider of integrated gaming and betting software products, from Scientific Games, a provider of gambling products and services, for $800m. “The addition of OpenBet to our sports betting portfolio will enable us to further capitalize on the massive tailwinds in the fast-evolving sports betting ecosystem and lead the way in defining the future of sports betting entertainment. In combination with our IMG ARENA sports data and content business, we’ll look to create and unlock meaningful value for our rights holder and sportsbook customers, helping deliver the most compelling offerings for sports fans globally,” Ariel Emanuel, Endeavor CEO.

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