Tag Archives: Light and Wonder

Endeavour nets a 33% write down on Openbet acquisition to $800m 

SBC News Endeavour nets a 33% write down on Openbet acquisition to $800m 

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 …

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