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Point sBet Sells Its US Operations for US$150 Million

Australian-based sports betting company Point'sBet agreed to sell its US operations to global sports betting corporation Fanatics for approx $150 million.

Fanatics buying PointsBet s U S operations for $150M to grow sports betting, i-casino market share

Fanatics Betting and Gaming is buying the U.S. operations of Australian sportsbook PointsBet for $150 million in a move that will help the sports apparel and memorabilia giant gain market share in the American sports betting and online casino markets.

iGaming news | PointsBet transaction talks well advanced amid Q3 results

iGaming news | PointsBet transaction talks well advanced amid Q3 results
intergameonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from intergameonline.com Daily Mail and Mail on Sunday newspapers.

PointsBet share price tumbles on $178m first-half loss

The Pointsbet Holdings Ltd (ASX:PBH) share price is taking a tumble on Tuesday after the sports betting company's half-year result disappointed.

Pointsbet cash burn accelerates despite record winnings

The gambling group’s negative cash flow widened in the December quarter, even as it boosted the money it made from customers’ bets by more than a third.

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