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betr Entertainment Rebuts PointsBet Claims, Confirms NAB Support in Takeover Bid

7:02pm on Monday 15th of September, 2025 AEST Financial Services
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betr Entertainment Rebuts PointsBet Claims, Confirms NAB Support in Takeover Bid

7:02pm on Monday 15th of September, 2025 AEST
Key Points
  • betr confirms NAB consent for selective buy-back and shareholder loan facility
  • Disputes PointsBet’s claims of deteriorating cash flow, citing one-off costs
  • betr holds $87.4 million cash including prepayments for brand relaunch
  • Affirms ability to repay or refinance NAB debt despite competitor speculation
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