Tag Archives: Nevada Gaming Control Board

Endeavour nets a 33% write down on Openbet acquisition to $800m 

SBC News Endeavour nets a 33% write down on Openbet acquisition to $800m 

Endeavour Group has secured a re-evaluation of its acquisition of Openbet from Light & Wonder –  a deal that was originally valued at $1.2 billion (€1.05bn).  Yesterday, dealmakers disclosed that a new purchase price for Openbet had been settled by Endeavor and Light & Wonder, which revalued the sportsbook platform provider at $800 million (€760m). The original terms agreed upon …

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ESIC responds to ‘false narratives’ on its relationship with betting

SBC News ESIC responds to 'false narratives' on its relationship with betting

The Esports Integrity Commission (ESIC) has declared that it carries no special interests for the sports betting sector, maintaining its independence as an organisation strengthening all esports integrity dynamics. This weekend, ESIC issued its statement ‘to clear false narratives’ regarding recent legislative developments related to the US market, its relationship with games developers and its duties policing integrity matters. “Whilst …

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