
The fight for control of PointsBet is intensifying as Betr Entertainment has lifted its all-scrip offer to AU$1.40 per share, challenging Japanese tech and entertainment group Mixi’s cash-backed bid.
The Australian sports betting company said its revised share-swap deal “is superior to Mixi’s offer of $1.25 cash per PointsBet share,” with the fresh terms pushing its exchange ratio to 4.375 Betr shares for each PointsBet share.