StageAcquired - III | Acquired
OpenBet is a sports betting company. It specializes in omnichannel sports betting and gaming technology solutions for regulated markets. The company was founded in 1996 and is based in London, U.K. In September 2021, OpenBet was acquired by Endeavor.2 billion.
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Expert Collections containing OpenBet
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
OpenBet is included in 1 Expert Collection, including Gaming.
Gaming companies are defined as those developing technologies for the PC, console, mobile, and/or AR/VR video gaming market.
Latest OpenBet News
Mar 22, 2023
OpenBet processes 65m bets during Cheltenham Festival 22nd March 2023 9:03 am GMT Sports betting technology provider OpenBet has reported strong growth in betting activity during last week’s Cheltenham Festival 2023. The supplier processed just over half a billion transactions during the four-day national hunt racing meeting, with a 22 per cent rise in betting activity on the Gold Cup race. During the festival, more than 65m bets were processed by OpenBet customers, with average stakes of £7.84 for singles in all Win & Each Way markets during the event. “I am thrilled with the success that our OpenBet teams and customers achieved during the iconic Cheltenham Festival,” said OpenBet CEO Jordan Levin, a recent inductee into the Gaming Intelligence Hot 50 of 2023 . “The world’s leading sports betting brands rely on our people and technology for exceptional entertainment experiences at the biggest events in the sporting calendar. “The 2023 meeting demonstrated the tremendous partnership between our valued customers and OpenBet’s tech and operations, supporting the highest peak bets levels across most of our operator base, which is why so many of our customer relationships span decades. “We’re deep into the final stages of testing and preparation for the Grand National on April 15th and look forward to delivering another seamless experience for our customers and their racing fans,” he added. Share
OpenBet Frequently Asked Questions (FAQ)
When was OpenBet founded?
OpenBet was founded in 1996.
Where is OpenBet's headquarters?
OpenBet's headquarters is located at Fourth Floor, Building 9, Chiswick Park, London.
What is OpenBet's latest funding round?
OpenBet's latest funding round is Acquired - III.
Who are the investors of OpenBet?
Investors of OpenBet include Endeavor, NYX Gaming Group and Vitruvian Partners.
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