Latest Gambling News

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PointsBet Holdings Limited reported a 6% increase in revenue to $261.4 million for FY2025, alongside a significant reduction in net loss and its first full year of EBITDA profitability. The company’s Australian operations delivered record results while Canadian growth accelerated, setting a positive trajectory for the future.
Victor Sage
Victor Sage
29 Aug 2025
The Lottery Corporation Limited has released its financial results for the year ended 30 June 2025, accompanied by its comprehensive Annual Report. The announcement, authorized by the Board, offers a window into the company’s recent performance and strategic direction.
Victor Sage
Victor Sage
20 Aug 2025
betr Entertainment has officially launched its all-scrip takeover offer for PointsBet shareholders, valuing shares above a rival cash bid and promising significant cost synergies.
Victor Sage
Victor Sage
18 Aug 2025
PointsBet Holdings Limited has issued a Target’s Statement recommending shareholders accept MIXI Australia’s $1.20 per share all-cash takeover offer, highlighting a significant premium and rejecting a rival scrip bid from Betr Entertainment.
Victor Sage
Victor Sage
24 July 2025
PointsBet Holdings has secured Foreign Investment Review Board approval for MIXI Australia's proposed full acquisition, marking a key regulatory milestone in the takeover process.
Victor Sage
Victor Sage
12 June 2025
PointsBet Holdings has signaled openness to a new acquisition offer from Betr Entertainment, proposing mutual due diligence to explore potential synergies and share value. The board remains committed to the existing MIXI scheme unless a superior proposal emerges.
Victor Sage
Victor Sage
12 May 2025
PointsBet Holdings signals a possible shift in its acquisition path, considering Betr Entertainment's offer as potentially superior to the existing MIXI scheme. The company initiates mutual due diligence focusing on synergies and scrip valuation.
Victor Sage
Victor Sage
12 May 2025
PointsBet Holdings Limited has announced a scheme meeting for shareholders to vote on its proposed $1.06 per share acquisition by MIXI Australia, with an independent expert deeming the offer fair and reasonable amid a competing bid from betr Entertainment.
Victor Sage
Victor Sage
8 May 2025
PointsBet Holdings has received a confidential acquisition proposal from Betr Entertainment, prompting a careful evaluation by its Board while reaffirming support for the existing MIXI Scheme.
Victor Sage
Victor Sage
2 May 2025
betr Entertainment has unveiled a revised $360 million proposal to acquire PointsBet, backed by a $130 million fully underwritten equity raise and promising $40 million in annual cost synergies. The offer aims to outmaneuver a competing bid and accelerate integration in the Australian wagering market.
Victor Sage
Victor Sage
29 Apr 2025
BlueBet Holdings Ltd has announced the acquisition of TopSport, a strategic move expected to boost its market share and profitability. The deal is supported by a $15 million equity raising to fund the upfront payment and growth initiatives.
Victor Sage
Victor Sage
5 Feb 2025