U.S. gaming operator Bally’s Corporation has entered into an agreement to sell its interactive business in Asia and certain other international markets to company owned by members of its management in a move analysts suggest is likely designed to reduce exposure to grey markets. The Asia interactive
Bally’s has entered into an agreement to sell its interactive business in Asia and certain other markets to that business’ management team. Ownership of certain intellectual property has been placed in trust and will be licensed to the buyer for a five-year term. Bally’s will also provide the man
Its subsidiary, XLMedia, has announced a conditional agreement to sell its North American business assets to Sportradar for up to $30 million.The deal includes a $20 million upfront payment and an additional $10 million due in April 2025, contingent on performance.The transaction is expected to be c
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