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Business
March 24, 2025
Endeavor Announces Management Buyout of OpenBet and IMG ARENA
Endeavor Group Holdings, Inc., a global sports and entertainment powerhouse, announced the sale of OpenBet and IMG ARENA to OB Global Holdings LLC in a management buyout. The transaction, backed by Endeavor chief executive Ariel Emanuel, OpenBet CEO Jordan Levin, and other top executives, could significantly shake up the sector and position the companies for […]
Business
November 12, 2024
Endeavor Confirms Buyout of OpenBet and IMG Arena by OB Global Holdings
The global sports and entertainment company, Endeavor Group Holdings, announced Monday it reached an agreement to sell OpenBet and IMG Arena to OB Global Holdings LLC. Details regarding the strategic business transaction emerged on Monday. The Management Buyout Is Backed by Key Execs The transaction has a price tag of $450 million. Endeavor confirmed that […]
Business
April 17, 2024
Handelsbanken Fonder Challenges Endeavor’s $13B Take-Private Deal
Swedish banking institution Handelsbanken Fonder AB has launched a legal challenge against Endeavor Group Holdings‘ proposed $13 billion take-private deal. The move aims to halt the acquisition led by private equity titan Silver Lake Capital, which seeks to delist Endeavor from the New York Stock Exchange. Allegations of Insider Favoritism Rock High-Stakes Buyout Endeavor, the […]
Business
February 1, 2024
Endeavor to Merge IMG ARENA into OpenBet
Global sports and entertainment company Endeavor announced its intention to merge its global sports betting and data businesses, OpenBet and IMG ARENA. According to the announcement, IMG Arena will be integrated under the OpenBet banner. As a part of OpenBet, IMG ARENA will continue to offer its sports data, integrity and fan engagement products. The […]
Business
October 5, 2023
Sazka to Benefit from OpenBet’s Neccton Technology via New Deal
The leading platform, content and service provider, powering betting and gaming operators, OpenBet, announced a new partnership with the Czech Republic lottery operator, Sazka. Announced Thursday, the new collaboration sees the operator strengthen its compliance capabilities with OpenBet’s gambling compliance solutions from Neccton. Back in July this year, OpenBet announced the acquisition of Neccton. The […]
Industry
September 27, 2023
OpenBet Powers the First Sports Illustrated Sportsbook in Michigan
Leading gambling platform and services provider OpenBet has agreed to leverage its capabilities to facilitate the launch of Sports Illustrated Sportsbook’s first retail location. The brick-and-mortar sportsbook, which launches as a result of the partnership between Sports Illustrated and 888, will mark the former company’s foray into the retail sector. Sports Illustrated and its parent […]
Business
September 18, 2023
OpenBet Inks Brazilian-Facing Deal With Play7.Bet
The popular platform offering trading and risk, as well as content and services to operators within the sports betting sector, OpenBet, announced a new groundbreaking partnership. The company confirmed Monday it joined forces with the sports betting brand, Play7.Bet. The new major partnership marks OpenBet’s entry into Brazil and comes ahead of the sports betting […]
Business
September 7, 2023
OpenBet Welcomes Sam Depoortere as VP of Platform Products
OpenBet, a leading provider of technology, content and services to the sports betting industry, has reinforced its product leadership. As announced, the company has appointed the experienced Sam Depoortere as its new vice president of platform products and will rely on him to drive innovation. In his new position, Depoortere will leverage his years of […]
Sports
July 19, 2023
OpenBet Adds Professional Bull Riders Event Betting
OpenBet is going to also cover the Professional Bull Riders and its events, featuring odds and lines for the sport. The news was confirmed on Tuesday and will see the company leverage its sportsbook technology and services to feature more content covering the organization and its events. OpenBet Welcomes a New Exciting Sport This is […]
Industry
July 10, 2023
WLA Accredits Gold Contributor Status to OpenBet
OpenBet, a global leader in sports betting content, has been awarded the World Lottery Association’s Gold Contributor status. The accolade cements the supplier as a reliable partner to lottery companies all over the world. The Gold Contributor status highlights OpenBet’s commitment to social responsibility, safer gambling, security and risk management. The WLA membership is furthermore […]
