Tag: Ari Emanuel

  • OpenBet May Sell at a Steep Discount, Says Report

    OpenBet May Sell at a Steep Discount, Says Report

    Endeavor Group Holdings, Inc. (NYSE: EDR) is exploring the sale of its sports betting assets, including OpenBet and IMG Arena, with OpenBet possibly selling for a steep discount compared to its original purchase price. Endeavor acquired OpenBet from Scientific Games in September 2021 for $1.2 billion, but by June 2022, the price had already dropped…