PointsBet Agrees to Sell Its US Business to Fanatics Betting and Gaming For $225 Million

After lengthy negotiations, PointsBet sold its US wagering business to Fanatics for $225 million, as New York Post (NYP) reports. The sale came in the photo-finish of the bidding war between the Fanatics and DraftKings to allow the Australian company to recommend shareholders to vote in favor of the takeover on June 30, according to […]