Mergers and Acquisitions
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Fanatics Seals Deal for PointsBet US
PointsBet (OTC: PBTHF) announced investors overwhelmingly voted in favor of $225 million all-cash takeover offer for its US operations from Fanatics. At the Australian company extraordinary group meeting (EGM) earlier today, 99.16% of PointsBet shareholders voted for the bid, which...
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PointsBet Halts Trading Pending Announcement
Trading in PointsBet (OTC: PBTHF) stock was halted in Australia on Tuesday for an upcoming, though not described, news event. A market announcement with...
Blackstone Reportedly Mulling Bellagio Stake Sale
Private equity behemoth Blackstone (NYSE: BX) is reportedly evaluating options for its ownership of Bellagio’s real estate, including a potential sale of a 50%...
DraftKings And Fanatics Nearly Sealed Massive Merger, Now Rivals
PointsBet to Engage with DraftKings in Takeover Talks
IGT Asset Sales Could Draw Interest from European Suitors
Entain Ready to Purchase Polish Gaming Operator STS Holding After Selling Equity
Global online gaming giant Entain recently announced that it has been working on a deal to purchase STS Holding, the largest sports betting operator...