Entain acquires Dutch online sports betting company BetCity

Entain acquires Dutch online sports betting company BetCity

Entain, a UK-based sports-betting and gaming group, has acquired Dutch online sports betting company BetEnt (trading as BetCity) from Sports Entertainment Media in a deal worth up to €850 million (£753 million). The transaction value includes an initial consideration of €300m (about £257 million) and deferred contingent consideration of up to €550m (around £472 million). […]