July 1, 2022
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 …
Read More »March 2, 2022
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 …
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