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Business
June 26, 2025
MIXI Proposal Fails as PointsBet Admits Technical Mistake Distorted Vote
PointsBet has come forward to confirm that a technical mistake had skewed the results of its recent shareholder vote for the company’s acquisition by Japanese tech firm MIXI. After re-evaluating the results, it turns out that the deal will not pass after all, to the relief of Betr Entertainment. System Error Excluded Betr’s Vote Betr […]
Business
June 25, 2025
PointsBet Shareholders Approve MIXI Deal, Betr Demands Recount
PointsBet seems to be ready to move forward with MIXI Australia’s acquisition proposal, despite Betr Entertainment’s decision to vote against the deal. The latter company, which owns a 19.9% stake in the Australian sportsbook, later alleged that PointsBet excluded its vote and demanded a recount. MIXI and Betr Sought to Acquire PointsBet PointsBet had been […]
Business
June 23, 2025
PointsBet Reiterates Support for MIXI Deal Despite Betr’s Latest Proposal
PointsBet has reaffirmed its preference for MIXI Australia’s merger offer amid continued efforts from Betr Entertainment to acquire the operator. While Betr insisted that its proposal offered superior value and suggested that PointsBet had not considered its offer in good faith, the Australian sportsbook firmly rejected the allegations. Betr’s Duel with MIXI Continues For context, […]
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 […]
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
May 16, 2025
ACMA Penalizes PointsBet for Breaching Spam and Self-Exclusion Laws
The Australian Communications and Media Authority (ACMA) has slammed PointsBet Australia with a fine of over half a million Australian dollars due to violations of the country’s online marketing and gambling self-exclusion laws. PointsBet’s Promotional Emails Violated the Rules Following an investigation into PointsBet’s practices, the ACMA learned that the operator had sent some 800 […]
Business
May 12, 2025
PointsBet Considers Betr’s Takeover Proposal, Eyes Due Diligence
Australian sports betting giant PointsBet has published a new update regarding Betr Entertainment’s recent acquisition proposal. Betr Seeks to Acquire PointsBet Last month, Betr Entertainment revealed a revised proposal to acquire PointsBet, confirming that it is looking to complete its buyout of the latter company. This came shortly after the former company acquired a 19.9% […]
