365Scores provides scores and sports information, editorial and social content, as well as sports-focused free-to-play games.
UK betting group Entain plc (LSE: ENT), which owns Ladbrokes, has announced the acquisition of Israeli sports media company 365Scores for $150 million and milestone payments of up to $10 million.
365Scores provides scores and sports information, editorial and social content, as well as sports-focused free-to-play games. The company has a global audience of over 15 million active users and is ranked amongst the top five scores apps worldwide.
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Mobile sports app co 365Scores raises $5.5m
365Scores was founded by Ami Serkis, Roei Aharoni, Yevgeny Brener, and Roy Hayumi. The company’s most recent known financing round was back in 2014 when it raised $5.5 million from LETA Capital, Cedar Fund, Titanium Investments and private investors
Entain says, “The combination of 365scores’ deep expertise in data-driven sports media content alongside Entain’s global scale and market leading platform capabilities will provide customers with a broader offering of interactive content and experiences. The acquisition unlocks further growth opportunities and supports our global strategic ambitions.”
Published by Globes, Israel business news – en.globes.co.il – on April 5, 2023.
© Copyright of Globes Publisher Itonut (1983) Ltd., 2023.
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