Gaming Strategy
Featured Stories
Legal News Financial News Casino Opening and Remodeling News Gaming Industry Executives Search News Subscribe
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Search Our Archive of Gaming Articles 

Entain completes acquisition of Angstrom Sports

2 October 2023

(PRESS RELEASE) -- Entain plc, the global sports betting, gaming and interactive entertainment group, announced the completion of its acquisition of Angstrom Sports, a specialist provider of next generation sports modelling, forecasting and data analytics.

As announced on 17 July 2023, the initial consideration of £81 million was payable on completion, with additional contingent payments totaling a maximum of £122 million, payable over three years.

Angstrom’s proprietary offering secures Entain as the only global operator with highly sophisticated in-house forecasting, analytics, risk and pricing capabilities for U.S. Sports betting markets. Entain’s capabilities, coupled with our global scale and market leading platform will provide customers with an unrivalled US sports betting experience, differentiated by its breadth of betting opportunities and products.

“We are delighted that Angstrom has joined Entain, enabling us to accelerate development of the Entain Platform bringing even more product capabilities in-house,” said Jette Nygaard-Andersen, CEO of Entain. “Angstrom’s proprietary next generation capabilities will unlock significant opportunities, particularly for our U.S. sports betting offering through BetMGM. We look forward to working closely with the Angstrom team and are excited to provide our customers with an unrivalled sports betting experience.”

< Gaming News

Entain completes acquisition of Angstrom Sports is republished from