Endeavor to buy sports betting business OpenBet for $800 million

(Reuters) – Endeavor Group Holdings Inc, the owner of Ultimate Fighting Championship, will buy sports betting business OpenBet from Light & Wonder Inc for a revised deal value of $800 million, Light & Wonder said on Thursday.

Endeavor said in September last year it plans to buy OpenBet for $1.2 billion.

(Reporting by Shariq Khan; Editing by Shounak Dasgupta)

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