Entain plc (LON:ENT), the global sports betting, gaming and interactive entertainment group, has announced that it has acquired the entire issued share capital of 365scores, a world leading sports media business, for a consideration of $150 million (approximately £120m1) and contingent payments totalling up to $10 million (approximately £8m¹).
365scores is one of the world’s leading scores and sports media companies, providing scores & sports information, editorial & social content, as well as sports-focused free-to-play games. They have a fast growing and highly engaged global audience of over 15 million active users and are ranked amongst the top 5 scores apps worldwide2.
The combination of 365scores’ deep expertise in data-driven sports media content alongside Entain’s global scale and market leading platform capabilities will provide customers with a broader offering of interactive content and experiences. The acquisition unlocks further growth opportunities and supports Entain’s global strategic ambitions.
Notes
(1) GBP/USD FX rate of 1.2495 as per Bloomberg at market close on 4th April 2023
(2) Source: Data.ai (2022 Rankings)
