Ariel Emanuel-backed OB Global to acquire OpenBet and IMG ARENA from Endeavor for $450m.

Ariel Emanuel-backed OB Global, a management-led group, agreed to acquire OpenBet, a sportsbook technology company, and IMG ARENA, a sports and federations company, from Endeavor, a media company in the fields of sports, events, media and fashion, for $450m. OpenBet powers responsible betting and gaming entertainment for more than 200 market leading operators around the globe. Following close of the transaction, Levin will continue to lead the business as CEO.