Endeavor acquires OpenBet for $1.2 billion

Endeavor Group Holdings, Inc. , a global sports and entertainment company, has entered into an agreement to acquire OpenBet, a leading content, platform and service provider to the sports betting industry, from Scientific Games Corporation for $1.2 billion paid through a combination of cash ($1 billion) and Endeavor’s Class A common stock ($200 million).   […]

DraftKings acquires Golden Nugget Online Gaming for $1.56 billion

DraftKings Inc.and Golden Nugget Online Gaming have announced that they have entered into a definitive agreement for DraftKings to acquire Golden Nugget Online Gaming in an all-stock transaction that has an implied equity value of approximately $1.56 billion.   The acquisition will enable DraftKings to leverage Golden Nugget’s well-known brand, iGaming product experience and existing […]

Chicago Cubs partners DraftKings to engage in developing a retail sportsbook

DraftKings and The Chicago Cubs have joined forces to make DraftKings, America’s top rated mobile sportsbook app, the Official Sports Betting and Daily Fantasy Partner of the storied MLB franchise. The multi-year deal includes a plan to pursue a first-of-its-kind sportsbook at the iconic Wrigley Field, with online access available in the surrounding Wrigleyville area. […]

NASCAR and BetMGM announce multi-year sports betting partnership

NASCAR and BetMGM, a market-leading sports betting and iGaming platform have signed a multi-year sports betting partnership. As an Authorized Gaming Operator of NASCAR, BetMGM will collaborate with NASCAR to create and promote engaging sports betting experiences, including introducing in-race betting options, for racing fans across the United States. “Partnering with a best-in-class operator like […]

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