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Tag Archives: Endeavor Group

US – Scientific to sell OpenBet to Endeavor Group for $1.2bn

Scientific Games Cis selling its sports betting business, OpenBet, to Endeavor Group Holdings, , a global sports and entertainment company, in a cash and stock transaction valued at $1.2bn. Under the terms of the agreement, Scientific Games will receive $1bn in cash and $200m in Endeavor Class A common stock based on the volume-weighted average…