Sports betting company PointsBet (ASX: PBH) has struggled to secure bids for its underperforming businesses in Australia and the United States. While the Company received an offer from Australian wagering company Betr for its Australian business, it turned it down initially before resuming discussions again which have now broken down. This took place in the
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Despite global markets being on edge amid interest rate rises, sportsbetting company PointsBet (ASX: PBH) has strengthened its balance sheet with a $94 million investment from Sports Investments Corp (SIG Sports) which will see the bookmaker accelerate its quantitative analytics capabilities. The $94.16 million investment comes in the form of a Private Placement to SIG
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Drawing upon a deep understanding of cognitive culture in the United States, bookmaker PointsBet (ASX: PBH) is set to make a big push into in-play betting for US sports through the $43 million acquisition of Irish risk management company Banach Technology, a market leader in in-play trading. Specialising in risk management platforms and quantitative driven
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As one of the few states with professional teams across all of America’s top sports leagues, residents of Michigan will be the next State of operations for sports betting company PointsBet (ASX: PBH) which continues its rapid rollout across the world’s most lucrative sports market. The launch, scheduled for tomorrow, has been finalised with approval
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