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Industry
June 20, 2025
Betr Resumes Fight for PointsBet with All-Scrip Offer
As the fight for PointsBet heats up, Betr Entertainment unveiled a new all-scrip offer, reasserting its claim that potential synergies would result in a higher shareholder value than the MIXI proposal. Betr Says Its Offer Is a Superior Proposal Shortly after suggesting that PointsBet didn’t act in good faith in choosing MIXI’s acquisition proposal, Betr […]
Business
June 19, 2025
Betr Alleges PointsBet Didn’t Act in Good Faith in Favoring MIXI’s Proposal
Betr Entertainment Limited has responded to PointsBet’s decision to pick MIXI as its preferred suitor, saying that it will vote against the MIXI proposal. In the meantime, Betr reiterated its claim that its own proposal is superior. Betr Suggests Pointsbet Did Not Act in Good Faith In an official ASX release, Betr regretted that PointsBet […]
Business
June 16, 2025
PointsBet Rejects Betr’s Takeover Proposal as MIXI Offers Superior Value
Gaming operator PointsBet has finally chosen between its suitors, opting to proceed with MIXI’s takeover proposal. The former company’s board argued that MIXI offered a superior proposal despite competitor Betr’s projected synergies. MIXI and Betr Clashed over PointsBet PointsBet has been in the crosshairs of potential buyers for a while, with BlueBet seeking to acquire […]
Business
June 13, 2025
Australia Gives the Go-Ahead to MIXI’s Takeover of PointsBet
The Australian arm of the Japanese consumer tech giant MIXI recently revised its proposal for the acquisition of PointsBet, an Australian sports betting giant. Now, the government has approved the arrangement, allowing the two companies to proceed. MIXI and BlueBet Fought for PointsBet Earlier this year, MIXI Australia put forward a proposal to acquire PointsBet […]
Industry
June 12, 2025
Lottery.com to Acquire 90% Stake in UAE-Based Nook Holdings
Lottery.com, a tech giant at the intersection of gaming, sports and entertainment, has confirmed that it has signed a deal to acquire Nook Holdings Limited, a Dubai-based company described as a “pioneering sports, health and wellness incubator.” A $2.5M Acquisition In its official release, Lottery.com said that it has signed an amended Stock Purchase Agreement […]
Business
June 10, 2025
Catena Media Divests Esports Division to Focus on Other Goals
Catena Media, a major affiliate marketing specialist, has divested its esports assets, marking an end to its participation in the esports sector. Representatives confirmed the transaction and justified it with Catena’s decision to focus on higher-margin products. The Affiliate Sold Its Esports Products to an Undisclosed Buyer The sale, which was confirmed to company members […]
Business
June 4, 2025
BetMakers Signs Binding Terms to Acquire LVDC for $800K in Cash
BetMakers, a specialist in technology, data and service solutions that simplify betting at critical points along the wagering lifecycle, unveiled its acquisition of LVDC, a Nevada-based service provider. The deal is expected to generate millions in revenue for the buyer. BetMakers to Acquire LVDC In its latest investor presentation, BetMakers announced that it has signed […]
Business
June 4, 2025
MIXI Revises Its PointsBet Takeover Proposal
The Australian arm of the Japanese consumer tech giant MIXI has revised its proposal for the acquisition of PointsBet, offering a more attractive price. This offer comes as PointsBet considers a separate takeover proposal by Betr Australia. MIXI Australia Seeks to Acquire PointsBet In February 2025, MIXI Australia submitted a proposal to acquire PointsBet for […]
Industry
June 4, 2025
Genting Malaysia Takes Complete Control of Empire Resorts
Genting Malaysia Berhad has bought the remaining 51% stake in Empire Resorts Inc., giving the casino operator full ownership of the struggling US company. The deal, which closed on May 31, 2025, was revealed in a report filed with Bursa Malaysia this week. Full Empire Acquisition Sees Genting Malaysia Shoulder $40M in Legacy Debt The […]
Business
June 3, 2025
Betsson Forfeits $30M Holland Gaming Acquisitions to Pursue Other Opportunities
Online casino and sports betting giant Betsson announced that it has given up on its Dutch ambitions for now due to delayed regulatory approvals. After over a year in limbo, the deal to acquire Holland Gaming Technology and Holland Power Gaming seems to have fallen through. History Repeating for Betsson On February 19, 2024, Betsson […]
