UK betting group Entain plc (LSE: ENT), which owns Ladbrokes, has introduced the acquisition of Israeli sports activities media firm 365Scores for $150 million and milestone funds of as much as $10 million.

365Scores offers scores and sports activities info, editorial and social content material, in addition to sports-focused free-to-play video games. The corporate has a world viewers of over 15 million energetic customers and is ranked amongst the highest 5 scores apps worldwide.

365Scores was based by Ami Serkis, Roei Aharoni, Yevgeny Brener, and Roy Hayumi. The corporate’s most up-to-date identified financing spherical was again in 2014 when it raised $5.5 million from LETA Capital, Cedar Fund, Titanium Investments and personal buyers

Entain says, “The mix of 365scores’ deep experience in data-driven sports activities media content material alongside Entain’s international scale and market main platform capabilities will present clients with a broader providing of interactive content material and experiences. The acquisition unlocks additional development alternatives and helps our international strategic ambitions.”

Revealed by Globes, Israel enterprise information – en.globes.co.il – on April 5, 2023.

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