Exclusive: Online bookmaker Betway parent nears $5.1 billion deal to go public -sources Reuters 1 hr ago © Reuters/Gonzalo Fuentes Milwaukee Bucks training ahead of the NBA Paris Game 2020
By Joshua Franklin and Anirban Sen
(Reuters) - Super Group, the parent company of online bookmaker Betway, is nearing a deal to go public through a merger with blank-check acquisition firm Sports Entertainment Acquisition Corp at a valuation of about $5.1 billion, people familiar with the matter said on Saturday.
The deal comes as Betway, which has its roots in Europe, expands in the United States. Betway has agreed to acquire Digital Gaming Corp, tapping the online sports betting and gaming market in 10 U.S. states, according to the sources.
Exclusive: Online bookmaker Betway parent nears $5 1 billion deal to go public -sources
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Exclusive: Online bookmaker Betway parent nears $5 1 billion deal to go public -sources
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