by Michael Molter | Jun 21, 2023 1:52 pm | Sports Betting
Fanatics entered into an agreement with PointsBet US to acquire the company for $150 million in an effort to grow in the legal sports betting industry. DraftKings entered the mix weeks later, placing a bid of $195 million in cash to acquire PointsBet US. DraftKings’...
by Zachary Kelley | May 26, 2023 4:05 pm | Sports Betting
Fanatics mobile sportsbook app has launched in Massachusetts with a beta testing product. The mobile sportsbook app beta is currently available to pre-existing Fanatics customers. BOSTON– Fanatics Sportsbook launched a beta product of its mobile sportsbook app in...
by Zachary Kelley | May 15, 2023 2:53 pm | Sports Betting
Fanatics Betting and Gaming has acquired PointsBet US for $150 million. The Australian-based sportsbook will retain their Australian and Canadian businesses. Fanatics Sportsbook will gain access to PointsBet US’s sports betting licenses across 14 states. NEW YORK –...
by Jeremias Di Vico | Apr 19, 2023 3:51 pm | Legal
PointsBet is the seventh biggest sports betting company in the U.S. and will now be selling its North American division. Heading into 2023, the operator posted some impressive numbers with over a billion dollar handle for the first half of the fiscal year. Prospective...
by Jeremias Di Vico | Apr 6, 2023 2:44 pm | Sports Betting
Colleges around the country have begun cracking down on their sports betting sponsorships, with the University of Colorado ending their partnership and Michigan State staff signing a petition to follow suit. Concerns about student safety and secretive deal details...