TIDMENT
RNS Number : 3965V
Entain PLC
05 April 2023
05 April 2023
Entain plc
Acquisition of 365scores, a world leading sport scores and
information business
Entain plc (LSE: ENT), the global sports betting, gaming and
interactive entertainment group ("Entain" or the "Group"), is
pleased to announce that it has acquired the entire issued share
capital of 365scores, a world leading sports media business, for a
consideration of $150 million (approximately GBP120m(1) ) and
contingent payments totalling up to $10 million (approximately
GBP8m(1)).
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 worldwide(2) .
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 our global
strategic ambitions.
Notes
(1) GBP/USD FX rate of 1.2495 as per Bloomberg at market close on 4(th) April 2023
(2) Source: Data.ai (2022 Rankings)
Enquiries:
Investor-Relations - Entain plc investors@entaingroup.com
David Lloyd-Seed, Chief IR & Communications Officer david.lloyd-seed@entaingroup.com
Davina Hobbs, Head of Investor Relations davina.hobbs@entaingroup.com
Aimee Remey, VP US Investor Relations aimee.remey@entaingroup.com
Callum Sims, IR Manager callum.sims@entaingroup.co m
Media - Entain plc media@entaingroup.com
Lisa Attenborough, Head of Corporate Communications lisa.attenborough@entaingroup.com
Jay Dossetter, Head of Corporate PR jay.dossetter@entaingroup.com
Jodie Hitch, PR Manager jodie.hitch@entaingroup.com
Powerscourt Tel: +44 (0) 20 7250 1446
Rob Greening/Nick Hayns/Sam Austrums entain@powersco urt-group.com
About Entain plc
Entain plc (LSE: ENT) is a FTSE100 company and is one of the
world's largest sports betting and gaming groups, operating both
online and in the retail sector. The Group owns a comprehensive
portfolio of established brands; Sports brands include BetCity,
bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet,
Sports Interaction and SuperSport; Gaming brands include Foxy
Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and
PartyCasino. The Group owns proprietary technology across all its
core product verticals and in addition to its B2C operations
provides services to a number of third-party customers on a B2B
basis.
The Group has a 50/50 joint venture, BetMGM, a leader in sports
betting and iGaming in the US. Entain provides the technology and
capabilities which power BetMGM as well as exclusive games and
products, specially developed at its in-house gaming studios. The
Group is tax resident in the UK and is the only global operator to
exclusively operate in domestically regulated or regulating markets
operating in over 40 territories.
Entain is a leader in ESG, a member of FTSE4Good, the DJSI and
is AA rated by MSCI. The Group has set a science-based target,
committing to be carbon net zero by 2035 and through the Entain
Foundation supports a variety of initiatives, focusing on safer
gambling, grassroots sport, diversity in technology and community
projects. For more information see the Group's website :
www.entaingroup.com
LEI: 213800GNI3K45LQR8L28
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In particular, no statement in this announcement is intended to
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