Endeavor adds OpenBet to its entourage
Scientific Games sells OpenBet to Endeavor The top line Endeavor will pay $1.2bn for the OpenBet sports-betting backend supply business. The deal consists of $1bn in cash and $200m in…
Bettson boardroom rupture
Blood on the carpet: A week after Betsson was announced that CEO Pontus Lindwall had “completed his assignment” and that the company had embarked on a search for his replacement,…
Playtech sets sights on South and North America
The top line - H1 Revenues were down 4% YoY to €457.4m, AEBITDA was up 14% on constant currency to €124.1m and adjusted post-tax profits were up 1460% to €54.6m.…
DraftKings’ BetMGM conundrum
No stranger to overly populated conference calls with bankers and lawyers, DraftKings is in a race to gain scale and there is some sound logic to the $22.4bn bid for…
DraftKings bid for Entain – reaction
The top line Late last night, UK time, Entain released a further statement clarifying the terms of the offer received from DraftKings. It said that an initial offer of £25…