Announced
Financials
Tags
analytics
Data Centers and Hosting
Cross Border
Private
United States
Forecasting
Acquisition
Majority
Friendly
pricing solution
Single Bidder
Pending
Synopsis
Entain, a sports betting and gambling company, agreed to acquire Angstrom Sports, a provider of next generation sports modelling, forecasting and data analytics, for £122m. “We are delighted that Angstrom will be joining Entain, enabling us to accelerate the development of the Entain Platform. Their next generation forecasting, pricing and risk management capabilities will unlock significant opportunities across BetMGM’s US sports betting offering, particularly in the fast-growing markets of parlay and in-play wagering. This acquisition will provide our customers with an unrivalled sports betting experience underpinned by enhanced in-house data-analytics, a global platform and market leading brand,” Jette Nygaard-Andersen, Entain CEO.
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