Add-on Acquisition • Gaming

Light & Wonder Acquires Don Best Sports

On October 9, 2018, Light & Wonder acquired gaming company Don Best Sports

Acquisition Context
  • This is Light & Wonder’s 4th transaction in the Gaming sector.
  • This is Light & Wonder’s 8th transaction in the United States.
  • This is Light & Wonder’s 4th transaction in Nevada.

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M&A Deal Summary

Date October 9, 2018
Target Don Best Sports
Sector Gaming
Buyer(s) Light & Wonder
Deal Type Add-on Acquisition

Target Company

Don Best Sports

Las Vegas, Nevada, United States
Don Best Sports Corp. is a provider of real-time betting data and pricing for North American sporting events. Don Best Sports Corp. was founded in 1989 and is based in Las Vegas, Nevada.
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Buyer Overview 1

Buyer

Light & Wonder

Las Vegas, Nevada, United States

Category Company
Founded 1984
Sector Gaming
Employees6,800
Revenue 3.2B USD (2024)
DESCRIPTION

Light & Wonder is a developer of technology-based products and services and associated content for worldwide gaming and lottery markets. The Company's portfolio includes instant and draw-based lottery games; electronic gaming machines and game content; server-based lottery and gaming systems; sports betting technology; loyalty and rewards programs; and social, mobile and interactive content and services. Light & Wonder was established in 1984 and is based in Las Vegas, Nevada.


Deal Context for Buyer #
Overall 13 of 25
Sector: Gaming 4 of 8
Type: Add-on Acquisition 11 of 20
State: Nevada 4 of 7
Country: United States 8 of 12
Year: 2018 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-03 Tech Art

Las Vegas, Nevada, United States

Tech Art is the preeminent provider of blackjack hole-card readers around the world. The company has a dominate market share in a field that they created with the invention of the MAXTime® device. This device provides ironclad game security when dealing blackjack and is in use on over 11,000 tables worldwide.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-26 SportCast

London, United Kingdom

SportCast is a provider of sports betting player engagement through their product experiences, technologies, and pricing. SportCast also credited with developing the original BetBuilder product, a feature that allows players to build bets across multiple markets on a single game with instant pricing through a seamless User Interface (UI). SportCast was founded in 2013 and is based in London, United Kingdom.

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