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365Scores Getting Bought Out by Entain for $160 Million

365Scores

365Scores

Entain, a global sports betting, gaming and interactive entertainment has acquired the entire issued share capital of 365scores, an Israeli sports media business, for a consideration of $150 million and contingent payments totaling up to $10 million.

Entain said 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,” it said.

365Scores has an app for mobile devices that offers a cross media platform which allows users to create their own sports channel on any device in any language. Users simply create a list of their favorite sports, leagues and teams in order to follow them with the latest news all in one place.

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Updates offered include all of the latest scores, standings, news, tweets and highlights.

The app supports ten different sports: football, tennis, basketball, ice hockey, baseball, volleyball, handball, American football, rugby and cricket. It offers updates on thousands of leagues across the world including, the NFL, MLB, NBA, NHL, Bundesliga, Serie A, Champions League, World Cup soccer and Grand Slam tennis. Over 10, 000 teams from around the world are included.

It is a top rated sports app on Google Play.

365Scores’ features include, Live sport TV guide, which lets users know exactly on which TV channels they can watch their games, personalized sports scores, aggregated sports news, alerts and videos in real time.

There is also a fastest push notification with real time updates from preferred teams and leagues. Users can watch the video of a goal 5 minutes after it happens. Sports news from users’ favorite local sport sites are all offered in one place.

Entain plc is one of the world’s largest sports-betting and gaming groups, operating both online and in the retail sector. Tax resident in the UK, with operations in a total of 31 regulated or regulating territories, the Group employs a workforce of more than 25,000, in 20 offices across five continents.

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