Last week, Endeavor lowered its bid for OpenBet to $800 million, down from its previous offer of $1.2 billion. The 33% price reduction comes in the midst of a stock market correction, which has pummeled sports betting securities. Last September, Endeavor agreed to buy OpenBet from Light & Wonder (formerly […]
Sportsbooks are as split as the US electorate on what to do about Donald Trump after the American presidential election was called on Saturday for former Vice President Joe Biden. With the 45th President refusing to concede, and Trump campaign operatives promising lawsuits to contest election results, some bettors have […]
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