Corporation Scientific Games buys Don Best Sports in an acquisition deal
In a strategic move to build out its sports betting offerings, Scientific Games Corporation, a global leader in technology-based gaming systems, acquired Don Best Sports Corporation and DBS Canada Corporation in November 2018. The deal, which added a significant player in the sports betting data industry to Scientific Games' portfolio, was facilitated by Hoskin & Harcourt LLP, a respected Canadian law firm.
The acquisition significantly bolstered Scientific Games' capabilities in providing real-time sports data and betting products. Don Best, leading global suppliers of real-time betting data and pricing for North American sporting events, brought advanced sports data and trading solutions to the table. This integration improved Scientific Games' sports betting product suite, enhancing their market presence amid the growth of US sports betting legalization.
The legal representation for Scientific Games during this transaction was handled by Jenner & Block LLP, an international law firm experienced in complex corporate transactions. The team from Hoskin & Harcourt LLP, representing Scientific Games, included specialists in areas such as Competition, Tax, Commercial, Employment & Labour, Pensions & Benefits, and Privacy and Data Management. The team was led by Hugo-Pierre Gagnon.
The team from Hoskin & Harcourt LLP representing Scientific Games consisted of Kelly Moffatt, Drew Morier, Manveer Bisla, Shari Cohen, Jana Steele, Damian Rigolo, Corinne Grigoriu, Jon Marin, Joanna Fine, and Jaime Auron.
The acquisition expanded Scientific Games' B2B sports betting offerings, making its one-stop shop for sportsbook solutions even more comprehensive. With this move, Scientific Games is well-positioned to cater to the growing demand for sports betting technology and content in the global market.
This acquisition is known as a strategic move to build out Scientific Games’ sports betting offerings following the trend of legalized sports gambling in multiple US states. This aligns with Scientific Games’ ongoing investments in sports betting and gaming technology. Jenner & Block’s role underscores the deal’s complexity and significance.
Scientific Games Corporation, headquartered in Las Vegas, Nevada, is a leader in products, services, and content for gaming, lottery, and interactive gaming markets. The acquisition of Don Best Sports Corporation and DBS Canada Corporation is a testament to the company's commitment to innovation and growth in the rapidly evolving gaming industry.
- Scientific Games Corporation, with its acquisition of Don Best Sports Corporation and DBS Canada Corporation, now leverages advanced technology in sports data and trading solutions to strengthen its sports betting offerings.
- The integration of Don Best, a leading global supplier of real-time betting data, has broadened Scientific Games' B2B sports betting offerings, providing a more comprehensive solution for the growing demand for sports betting technology and content in the global market.
