Endeavor to acquire OpenBet from Scientific Games in $1.2 billion cash and stock deal

By | September 28, 2021

California-based entertainment and talent-agency conglomerate Endeavor Group Holdings, Inc. is going all-in on sports wagering, having entered into an agreement to acquire sports-gambling technology company, OpenBet, from Scientific Games Corporation for $1.2 billion. The Beverly Hills-headquartered holding company will reportedly pay for the sports betting business through a combination of $200 million in its Class […]