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Endeavor Says It’s Shopping OpenBet, IMG Arena Sports-Gambling Units Ahead of Close of Silver Lake Go-Private Deal
Endeavor is seeking a buyer for sports gambling and technology businesses OpenBet and IMG Arena ahead of its go-private deal with Sliver Lake.
Endeavor is seeking a buyer for its sports gambling and technology businesses OpenBet and IMG Arena, ahead of expected close of the company’s go-private deal with Sliver Lake. It positioned OpenBet as augmenting its IMG Arena business, which works with sportsbook brands to provide official livestreaming video and data feeds for thousands of events annually. “TKO and PBR benefited from strong consumer demand and engagement during the quarter, and we continued to drive growth in our representation segment,” said Ari Emanuel, CEO of Endeavor, in a statement.
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