Endeavor/Openbet Q26 Apr 2022 17:56
Extract from the announcement of the deal:
“OpenBet marks a strategic addition to our sports betting portfolio as we look to round out our technology and product offering for sportsbook operators and sports brands worldwide,” remarked Ariel Emanuel, CEO, Endeavor. “The combination of OpenBet and our IMG ARENA business will enable us to expand our footprint across the entire sports betting value chain and further capitalize on the tremendous upside we see coming from this fast-growing global industry.”
“ The transaction is expected to close in the second quarter of 2022, subject to regulatory consents and approvals, and customary closing conditions”