Deal snapshot: Entain Acquires Dutch Online Sports Betting Operator BetCity.
MANews-(C)2009-2022
UK-based sports betting, gaming and interactive entertainment group Entain plc (LSE: ENT) has agreed to acquire the entire share capital of BetEnt B.V., which trades under the BetCity.nl name, from Sports Entertainment Media B.V. for an initial consideration of EUR 300m (USD 310m) and deferred contingent consideration of up to EUR 550m, the group said.
BetCity is one of the Netherlands' largest online...
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