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betr Entertainment ups the ante with $44.9m synergy bid for PointsBet

9:22am on Monday 18th of August, 2025 AEST Gambling and Betting
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betr Entertainment ups the ante with $44.9m synergy bid for PointsBet

9:22am on Monday 18th of August, 2025 AEST
Key Points
  • All-scrip offer – 4.219 betr shares per PointsBet share
  • Offer values PointsBet shares above MIXI’s competing cash bid
  • Potential $44.9 million annual cost synergies if 100% acquisition achieved
  • Combined entity poised as Australia’s fourth largest online wagering operator
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