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Fanatics Betting and Gaming completes acquisition of PointsBet U.S. businesses, accelerates growth plans

Fanatics Betting and Gaming completes acquisition of PointsBet U.S. businesses, accelerates growth plans

04/09/24, 4:57 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
https://purecatamphetamine.github.io/country-flag-icons/3x2/AU.svgcremorne
Industry
gambling
gaming
sports
Fanatics Betting and Gaming, a subsidiary of Fanatics Holdings Inc., has successfully closed the acquisition of the U.S. businesses of PointsBet, a renowned sports wagering operator. This acquisition has propelled Fanatics Betting and Gaming's expansion, enabling the company to provide its sportsbook and casino services to a significant portion of the U.S. market.

Company Info

Company
Fanatics
Location
New York, New York, United States
Company info
Fanatics is building a leading global digital sports platform. We ignite the passions of global sports fans and maximize the presence and reach for our hundreds of sports partners globally by offering products and services across Fanatics Commerce, Fanatics Collectibles, and Fanatics Betting & Gaming, allowing sports fans to Buy, Collect, and Bet. Through the Fanatics platform, sports fans can buy licensed fan gear, jerseys, lifestyle and streetwear products, headwear, and hardgoods; collect physical and digital trading cards, sports memorabilia, and other digital assets; and bet as the company builds its Sportsbook and iGaming platform. Fanatics has an established database of over 100 million global sports fans; a global partner network with approximately 900 sports properties, including major national and international professional sports leagues, players associations, teams, colleges, college conferences and retail partners, 2,500 athletes and celebrities, and 200 exclusive athletes; and over 2,000 retail locations, including its Lids retail stores. Our more than 22,000 employees are committed to relentlessly enhancing the fan experience and delighting sports fans globally.
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sports
$1.7 B298.2%
gaming
$243.7 M-57.7%