November 12, 2024
Endeavor Group Holdings has agreed to sell OpenBet and IMG Arena in a management buyout backed by Ariel Emanuel (CEO of Endeavor) with participation from executives of OpenBet, including the company’s CEO Jordan Levin. OpenBet, which enjoyed a strong first half of 2024 with its global customer base increasing by more than 40% year-on-year to over 200 customers, will continue …
Read More »September 28, 2021
Scientific Games Corporation has confirmed that its Openbet subsidiary will be sold to Hollywood based sports and entertainment group Endeavor Holdings for a total consideration of $1.2 billion (€1.05bn). Reaching definitive terms, Endeavor – the investment fund of US entertainment moguls Ariel Emanuel (CEO) and Patrick Whitesell (Chairman) – will pay $1 billion cash and $200 million in Endeavor NYSE …
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