PointsBet Selling Sports Betting Business to Fanatics for $150M

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Mergers & Acquisitions 2024 Deals of the Year: Fanatics Acquired PointsBet USA from PointsBet Holdings Unilever Reportedly Starts Sale Talks

Disappointed investors on the initial news of the sale were more than happy to bid up the stock once a brief bidding war for PBH ended, with the Both PointsBet arms have been the subject of long-running takeover rumors But the operator has struggled to attain profitability in the

sunday morning teer result list PointsBet reduced its net loss by % to AU$ in the first half of its 2024 financial year following the divesture of its US business  Namely the sale of Pointsbet's United States business to Fanatics Betting and Gaming for a headline purchase price of US$225 million The