{"id":251,"date":"2022-10-03T10:27:45","date_gmt":"2022-10-03T09:27:45","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=251"},"modified":"2022-10-03T10:27:48","modified_gmt":"2022-10-03T09:27:48","slug":"endeavor-completes-openbet-acquisition","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2022\/10\/03\/endeavor-completes-openbet-acquisition\/","title":{"rendered":"Endeavor Completes OpenBet Acquisition"},"content":{"rendered":"\n<p><strong>Sports entertainment<\/strong> company <strong>Endeavor Group<\/strong> has completed the acquisition of <strong>OpenBet<\/strong>, a provider of content, platforms and services to the sports betting industry.<\/p>\n\n\n\n<p>Endeavor acquired Openbet from Light &amp; Wonder for $800 million, paying $750 million in cash and $50 million in Class A common stock to Endeavor.<\/p>\n\n\n\n<p><strong>Ariel Emanuel<\/strong>, Endeavor CEO said: \u00abThe addition of OpenBet to our sports betting portfolio will enable us to further capitalise on the massive tailwinds in the fast-evolving sports betting ecosystem and lead the way in defining the future of sports betting entertainment.&nbsp;<\/p>\n\n\n\n<p>In combination with our IMG Arena sports data and content business, we\u2019ll look to create and unlock meaningful value for our rights holder and sportsbook customers, helping deliver the most compelling offerings for sports fans globally.\u00bb<\/p>\n\n\n\n<p>Openbet and IMG Arena will form Endeavor&#8217;s fourth business segment, Sports Data &amp; Technology, to be launched in early January 2023.<\/p>\n\n\n\n<p>\u00abIn combination with our IMG Arena sports data and content business, we\u2019ll look to create and unlock meaningful value for our rights holder and sportsbook customers, helping deliver the most compelling offerings for sports fans globally.\u201d&nbsp;<\/p>\n\n\n\n<p>OpenBet and IMG Arena will form the fourth operating segment for Endeavour \u2013 Sports Data &amp; Technology \u2013 and launch at the start of January 2023.&nbsp;<\/p>\n\n\n\n<p>We\u2019ve been awaiting this day when we can bring together everything OpenBet has to offer with the depth of expertise and relationships that Endeavor and IMG bring to the table.&nbsp;<\/p>\n\n\n\n<p>Our focus remains on providing our customers with the most innovative solutions to give their fans the ultimate sports betting complement to live sports. We couldn\u2019t be more excited to lean into the Endeavor network to accelerate and amplify that mission. \u00bbOpenBet CEO<strong> Jordan Levin<\/strong> added.<\/p>\n\n\n\n<p>IMG Arena partners with sports brands to stream video and data from over 45,000 sports events per year.<br>Don&#8217;t forget to subscribe to our <a href=\"https:\/\/bit.ly\/3BHW1zr\">Telegram-channel<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sports entertainment company Endeavor Group has completed the acquisition of OpenBet, a provider of content, platforms and services to the sports betting industry. Endeavor acquired Openbet from Light &amp; Wonder for $800 million, paying $750 million in cash and $50 million in Class A common stock to Endeavor. Ariel Emanuel, Endeavor CEO said: \u00abThe addition [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":252,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[4,21,1,83],"tags":[52,285,726,723,724,46,725,62,722],"class_list":["post-251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-betting","category-features","category-news","category-partnership","tag-betting","tag-contract","tag-emanuel-ariel","tag-endeavor","tag-endeavor-group","tag-gambling","tag-openbet","tag-sports-betting","tag-sports-img-arena"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Endeavor Completes OpenBet Acquisition - SBC EURASIA EN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2022\/10\/03\/endeavor-completes-openbet-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Endeavor Completes OpenBet Acquisition - SBC EURASIA EN\" \/>\n<meta property=\"og:description\" content=\"Sports entertainment company Endeavor Group has completed the acquisition of OpenBet, a provider of content, platforms and services to the sports betting industry. 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