October 9, 2023
Entain Plc has announced that it will reposition the business of its Unikrn esports venture, scaling down its B2C operations. This weekend, Entain communicated to media partners that it had shut down Unikrn’s affiliate programme, after which the esports betting platform would stop taking customer deposits from 9 October. Entain issued the following statement on Unikrn’s closure of its B2C …
Read More »October 2, 2023
Entain Plc has announced the completion of its acquisition of Angstrom Sports to enhance the in-play sports betting capabilities of US joint-venture BetMGM. The deal, first announced on 17 July, will see Entain pay an initial consideration of £81m to acquire Angstrom, a dedicated specialist on sports modeling, forecasting and match analytics for all major US sports. Angstrom’s buyout is …
Read More »July 17, 2023
Entain is embarking on its latest acquisition, continuing to widen its brand portfolio and expand its US standing by securing a takeover of Angstrom Sports. The total transaction cost equals £81m plus contingent payments of up to a maximum of £122m, payable over three years, with the FTSE100 betting and gaming group anticipating closure of the acquisition to take place …
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