Tag Archives: Endeavor Group

Sportradar has significantly expanded its global reach with the acquisition of IMG Arena, along with the company’s full range of sports betting data rights. This portfolio encompasses IMG’s relationships with 70 different rightsholders, covering 39,000 data events and 30,000 streaming events across 14 global sports. IMG is partnered with the likes of Wimbledon, the US Open, Roland-Garros, Major League Soccer, …

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 …

Endeavour Group has secured a re-evaluation of its acquisition of Openbet from Light & Wonder –  a deal that was originally valued at $1.2 billion (€1.05bn).  Yesterday, dealmakers disclosed that a new purchase price for Openbet had been settled by Endeavor and Light & Wonder, which revalued the sportsbook platform provider at $800 million (€760m). The original terms agreed upon …

Scientific Games Corporation (SGC) has confirmed that it will rebrand its business identity to ‘Light & Wonder’ – to reflect its transformation into a ‘cross-platform’ games supplier for the global gambling sector.  The rebrand was announced as the headline of Scientific Games declaring its full-year 2021 results, in which the Nasdaq gambling technology group achieved a 27% increase in consolidated …