Tag Archives: PointsBet

The board of PointsBet has unanimously recommended Fanatics Betting and Gaming’s(FBG) improved proposal of US$225m to acquire PointsBet’s US Business, representing a 50 per cent or US$75m increase to the prior bid. DraftKings was unable to finalise a binding offer by June 27 and ‘accordingly the Board has determined that the FBG Transaction, as improved…

PointsBet’s board has unanimously recommended Fanatics Betting and Gaming’s improved proposal of US$225m to acquire its US business, representing a 50 per cent (US$75m) increase to the prior bid. The news is a blow to DraftKings who had previously submitted a $195m offer. The operator had expressed its excitement regarding the potential synergies available by…

DraftKings has delivered a letter to both the Non-Executive Chairman and Chief Executive Officer of PointsBet Holdings setting forth an indicative offer to acquire PointsBet’s US business in an all-cash transaction with a purchase price of $195m. DraftKings’ proposal represents a 30 per cent premium to PointsBet’s existing agreement to sell its US business and…

PointsBet, the leader in live betting, has opened its newest retail sportsbook in Villa Park, Illinois, offering sports fans in and around Chicago a new entertainment destination to watch and wager on games. The PointsBet Sportsbook, located at Club Hawthorne, marks the fourth retail location for the company in the state as part of its partnership with Hawthorne…

PointsBet, in partnership with The Riverboat on the Potomac, comprising Bodhi-Naav, a minority woman-owned business, and Delmock Technologies, a certified Minority Business Enterprise (MBE), has opened a PointsBet Retail Sportsbook, Maryland’s newest retail sportsbook. The PointsBet Retail Sportsbook at The Riverboat on the Potomac was designed to offer sports fans and bettors in the DMV area elite sports…

PointsBet has appointed Edward Hartman as Group Chief Strategy Officer, effective 6 September. Reporting to the Group Chief Executive Officer, Mr Hartman will lead the Group Strategy function, working closely with the Global Leadership Team and the board of directors, to enhance and execute the Group’s strategy and vision, identify new opportunities and strengthen operations….

PointsBet Holdings has announced that the Kansas Racing and Gaming Commission has awarded its wholly-owned subsidiary PointsBet Kansas provisional certification which, subject to receipt of final launch authorisation, will allow PointsBet to launch sportsbook operations in Kansas on September 1. In May, Kansas Gov. Kelly signed sports betting legislation into law, with both online and…

PointsBet will offer bettors on-demand streaming access to more than 40,000 games and matches through a two-year streaming partnership with IMG ARENA. IMG ARENA distributes over 45,000 hours of content annually on behalf of more than 200 federations, associations, and events including the MLS, ATP Tour, Roland-Garros, FIVB volleyball competitions and leagues, EuroLeague basketball games,…

Scientific Games has signed a multi-state partnership with PointsBet that will deliver the entire OpenGaming catalogue to its player base. The library of games developed in-house by Scientific Games’ various global studios is now available to players in West Virginia, with Michigan and New Jersey launches to follow. “We are pleased this content partnership with…