Fanatics Finally Makes Deal, Grabs PointsBet for $150 Million
Following months of speculation, PointsBet (OTC: PBTHF) is poised to sell its US operations to Fanatics for $150 million in cash. Fanatics founder Michael Rubin at an event in 2021. The company is acquiring PointsBet USA for $150 million in cash. (Image: Getty Images) The companies announced the transaction in a joint statement released Sunday. …