Fanatics Betting and Gaming completes acquisition of PointsBet U.S. businesses, accelerates growth plans
Acquiring Company
Fanatics
Acquired Company
PointsBet
New York
MelbourneInformation TechnologyGamingSportsGamblinginformation technology & servicesGamingSportsDescription
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.
Quick answer
Fanatics is acquiring PointsBet, announced April 3, 2024. Fanatics is based in New York, New York, United States.
- How much did Fanatics pay for PointsBet?
- The deal value was not disclosed.
- What does Fanatics do?
- Fanatics is a leading global digital sports platform connecting over 100 million fans through commerce, collectibles, and betting.
- Where are Fanatics and PointsBet based?
- Fanatics is based in New York, New York, United States. PointsBet is based in Melbourne, Victoria, Australia.
- Who are the decision-makers at Fanatics?
- Fundz holds 3 contacts at Fanatics. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Golden Matrix Group Inc. completes acquisition of MeridianBet Group to expand global footprint and increase revenues (April 9, 2024)
- Gambling.com Group Completes Acquisition of Freebets.com and Related Assets (April 2, 2024)
- 888 Holdings agrees to sell US B2C business to Hard Rock Digital (March 28, 2024)
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Frequently asked
Who acquired PointsBet?
PointsBet was acquired by Fanatics, based in New York. The deal was reported on April 9, 2024. Fanatics is a leading global digital sports platform connecting over 100 million fans through commerce, collectibles, and betting. Fanatics is privately held and operates in Information Technology.
When did Fanatics acquire PointsBet?
Fanatics's acquisition of PointsBet was reported on April 9, 2024. 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. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does PointsBet do?
PointsBet has only begun to realize its vision. Founded in Australia in 2017, PointsBet has grown into a leading online gaming company, delivering world-class sportsbook and online gaming experiences to customers across Australia and Canada. It is privately held, operating in Gaming, and is based in Melbourne.
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