Gambling News

Apollo Global Management considers Yahoo Sports and sports betting merger

Apollo Global Management is having preliminary discussions with sports betting companies to merge their assets with Yahoo Sports, as reported by CNBC. The private equity firm acquired Yahoo from Verizon for $5bn last year. According to people familiar with the matter, one of the companies Yahoo has met with is PointsBet Holdings. The Australian group has a market valuation of around $760m. Importantly, talks remain early at this stage, and no d...
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