PointsBet finalises sale of US outfit to Jay-Z backed Fanatics

ASX-listed PointsBet has officially sold its US division to merchandise giant Fanatics after shareholders endorsed the $333 million sale on

Intention to distribute net sale proceeds and majority of corporate cash to shareholders Key Highlights • PointsBet Holdings Limited has entered

pointsbet horse racing PointsBet Holdings Ltd , which is publicly traded in Australia “The sale of the business to Fanatics Betting and Gaming

pointsbet sale Fanatics increased its offer from $150 million to $225 million to acquire PointsBet's assets The PointsBet board unanimously approved