The story continues: Fanatics ups PointsBet US offer to $225m

After DraftKings' surprise bid, Fanatics has responded in kind. The former has now announced it is no longer in the running. A penny for the thoughts of PointsBet Group CEO Sam Swanell right now, or perhaps many millions of pennies... Indeed, after Swanell told the GI Huddle of his delight at previously agreeing a $150m deal to sell PointsBet's US operations to Fanatics, the PointsBet Board has unanimously recommended accepting a $225m off...