Login/Register
Evolution
Evolution
Evolution
Digitain

Light & Wonder slashes OpenBet sale price by a third

1st July 2022 8:24 am GMT
OpenBet

New York-listed gaming supplier Light and Wonder has agreed to reduce the price of its OpenBet sports betting business in order to complete the proposed sale to Endeavor Group’s IMG Arena.

IMG Arena agreed a deal in September to acquire OpenBet for $1.2bn, comprised of $1.0bn in cash and $200m in Endeavor shares, with the transaction having been expected to complete in the second quarter of this year.

Light and Wonder (L&W) said Thursday that it has [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Related Videos
Uplatform
Pragmatic Solutions
Soft2Bet
Relax Gaming
Astropay
Amusnet
SportingTech
BRAGG Gaming
Evolution
Digitain