Fanatics agrees $150m deal to buy PointsBet’s US operations

The deal will see PointsBet retain its Australian and Canadian business. PointsBet has agreed to sell its US operations to Fanatics for $150m, following its recent announcement that it had undertaken a strategic review. The deal is still subject to regulatory and shareholder approvals. However, this isn’t expected to be a problem – with a shareholder meeting scheduled for June, which will likely see the deal ratified. PointsBet wil...