M&A
MIXI Secures PointsBet Takeover as Board Formally Rejects Rival Betr Offer
The fiercely contested, months-long bidding war for Australian sports betting operator PointsBet is now over. In a definitive announcement, the company has
Betr
Betr is a US sports betting and media company founded in 2022 by Joey Levy and Jake Paul and headquartered in Miami, built around micro-betting on individual in-game events such as the next pitch or play. It operates a licensed sportsbook in a number of states, a peer-to-peer fantasy product, Betr Picks, in states where fantasy is permitted, and a media arm producing sports content for social channels. The company has raised venture funding, has scaled its state footprint up and down as licensing costs dictated, and made a public takeover approach for PointsBet in 2025 that was ultimately unsuccessful.
Betr at a glance
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- 8
- Last covered
- August 2025
- Coverage since
- May 2025
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M&A
MIXI Makes 'Best and Final' Unconditional Offer to Clinch PointsBet Takeover
The long-running takeover battle for Australian operator PointsBet has reached a critical juncture, with Japanese technology firm MIXI lodging what it has
M&A
Betr Escalates PointsBet Takeover Battle with New Offer Amid Panel Complaint
The fierce takeover battle for PointsBet has intensified, with rival suitor Betr Entertainment lodging an improved all-share offer just hours after
M&A
MIXI Revises PointsBet Bid as Takeover Battle with Betr Intensifies
The protracted takeover battle for Australian operator PointsBet has entered a new phase, with Japanese entertainment and technology giant MIXI formally
Corporate
PointsBet Unanimously Rejects Betr Offer as MIXI Bid Advances
The protracted battle for ownership of wagering operator PointsBet appears to have reached a decisive conclusion. PointsBet has formally and unanimously
Corporate
PointsBet Unanimously Rejects Betr Offer, MIXI Bid Advances
The protracted battle for ownership of wagering operator PointsBet appears to have reached a decisive conclusion. PointsBet has formally and unanimously
M&A
Betr’s ‘Superior’ Offer Takes the Lead in PointsBet Acquisition Race
Australian challenger brand Betr appears to be leading the way in its bid to acquire wagering operator PointsBet. In a significant development, PointsBet's
M&A
PointsBet Board Declares Betr Takeover Proposal ‘Superior’ to MIXI Offer
The takeover battle for wagering operator PointsBet has seen a significant development, with the company's board today declaring the proposed offer from Betr
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