Tag: M&A
Mixi Australia gains majority PointsBet control
9 September 2025 at 12:29am UTC-4
The Australian subsidiary of Japanese entertainment company Mixi, Mixi Australia, has gained control of betting operator PointsBet after surpassing 50% ownership.
As of ...
Takeovers Panel accepts Betr undertaking in PointsBet battle
18 August 2025 at 5:57am UTC-4
Australia’s competition regulator, the Australian Takeovers Panel, has accepted undertakings from betting company Betr Entertainment Limited over its takeover bid for PointsBet ...
Betr Entertainment submits plea to Takeovers Panel over PointsBet bid
11 August 2025 at 8:24am UTC-4
ASX-listed sportsbook operator Betr Entertainment has submitted an application to the Australian Government Takeovers Panel regarding Japanese entertainment group Mixi’s ...
Betr presents higher PointsBet bid despite earlier rejection
31 July 2025 at 8:07am UTC-4
Australian betting operator Betr Entertainment has put forward another bid to acquire rival PointsBet Holdings, claiming that the new offer surpasses the current proposal from ...
Apple iSports confirms acquisition of LBC Enterprises
28 July 2025 at 7:27am UTC-4
Australian online gaming technology and infrastructure provider Apple iSports has agreed to take over online gambling platform operator LBC Enterprises.
The deal is expected to ...
DraftKings mulls acquisition of prediction market Railbird Exchange
16 July 2025 at 6:12am UTC-4
DraftKings is in talks to acquire Railbird Exchange, a federally licensed prediction market platform, as reported by Front Office Sports.
According to a Front Office Sports ...
Apollo completes US$6.3 billion acquisition of IGT Gaming and Everi
2 July 2025 at 7:02am UTC-4
Global asset management group Apollo has completed its US$6.3 billion all-cash acquisition of IGT’s gaming and digital business and Everi Holdings Inc.
The two companies will ...
PointsBet unconvinced by revised Betr offer
24 June 2025 at 5:43am UTC-4
Australian betting operator PointsBet has not been won over by Betr Entertainment’s revised takeover bid, according to a statement released yesterday.
PointsBet said the  ...
Betr announces increased PointsBet offer
23 June 2025 at 7:50am UTC-4
Australian betting group Betr Entertainment has renewed its efforts to acquire rival sportsbook PointsBet.
The new takeover proposal offers 3.81 Betr shares per PointsBet share ...
IGT’s global lottery organization rebrands as Brightstar
17 June 2025 at 2:37pm UTC-4
International Game Technology’s global lottery business will begin operating as Brightstar Lottery, effective immediately, it announced Tuesday.
Upon completion of the sale ...