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Entain Earlier Announced Acquisition of Angstrom Sports For Up To £122M

Author: Charles Gross | July 17, 2023 05:39am

Entain plc (LSE: ENT), the global sports betting, gaming and interactive entertainment group ("Entain" or the "Group"), is pleased to announce the acquisition of Angstrom Sports for a total consideration of £81 million plus contingent payments totalling a maximum of £122 million, payable over three years.

Angstrom Sports is a specialist provider of next generation sports modelling, forecasting and data analytics.  Its simulation-based predictive modelling creates highly sophisticated pricing and forecasting capabilities.  Angstrom's proprietary offering is differentiated by its accuracy, richness, speed and breadth across US sports betting products and markets.

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