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Scientific Games has announced the acquisition of Don Best Sports, a real time line service and sports data collection company encompassing quite the colorful history.
The Deal
With the US Supreme Court ruling against decades long prohibition of sports betting this past May, the demand for the type of sports betting data offered by Don Best is especially in high demand.
President and Chief Executive Officer of Scientific Games Barry Cottle:
“When it comes to sports betting, we’ve been moving at incredible speed, and the Don Best acquisition will add to our unrivaled B2B one-stop shop sports betting solution, already live in Delaware, New Jersey and Mississippi. As the leading global supplier of real-time betting data and pricing for the North American sports market, Don Best will bring their unparalleled proprietary pricing services to Scientific Games. As sports betting rapidly gains popularity in the U.S., we’re ready to help our customers capitalize on the new U.S. market while solidifying our long-held leading global position.”
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History of Don Best
Don Best was inspired by one Don Bessett, who was way ahead of his time in offering the famed Vegas Stardust line to anyone with a computer in the 80’s, in particular bookmakers and professional sports bettors.
He sold his business to Al Corbo before passing away from cancer and Corbo himself would die from the same disease years later.
Corbo's son Dana would go on to run Don Best Sports during the early years of online sports betting.
Ultimately Corbo would sell for around a reported $54 million.
- Aaron Goldstein, Gambling911.com
