{"id":187433,"date":"2021-09-30T09:53:49","date_gmt":"2021-09-30T16:53:49","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=187433"},"modified":"2021-09-30T10:31:44","modified_gmt":"2021-09-30T17:31:44","slug":"scientific-games-openbet-sale-credit-positive-but-no-upgrade-coming","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/scientific-games-openbet-sale-credit-positive-but-no-upgrade-coming\/","title":{"rendered":"Scientific Games OpenBet Sale Credit Positive, Says Moody’s"},"content":{"rendered":"
On Monday, Scientific Games (NASDAQ:SGMS) announced the sale of its OpenBet sports wagering business to Endeavor Group Holdings, Inc. (NYSE:EDR.). The business went for $1.2 billion in cash and stock, a move deemed beneficial to the company’s debt reduction efforts.<\/p>\n