Ringier to invest £50m in the gaming and media business of LiveScore Group.

Ringier, an operator of a digitalized and diversified Swiss media company, agreed to invest £50m in the gaming and media business of LiveScore Group, a global sports media business and real-time sports updates and results provider. "This is a hugely significant day for LiveScore Group, as we take a significant step forward following a £50m strategic investment from Ringier which values our business at £500m. Ringier, with its Sports Media Group, is the perfect partner as we look to accelerate our expansion into Central and Eastern European territories, given their outstanding expertise, assets and relationships," Sam Sadi, LiveScore CEO.