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in Tech

Fanatics to buy PointsBet’s U.S. assets for about $150 million

by Editor May 15, 2023, 4:45 am 1.9k Views

Fanatics to buy PointsBet's U.S. assets for about $150 million

Fanatics logo is seen on the dugout wall before the game between the Pittsburgh Pirates and the Milwaukee Brewers at PNC Park on July 3, 2022 in Pittsburgh, Pennsylvania. (Photo by Justin Berl/Getty Images)

Justin Berl | Getty Images

Fanatics has agreed to acquire the U.S. operations of PointsBet, marking the sports giant’s first major leap into U.S. sports betting.

The deal is worth about $150 million in cash. The companies announced the deal…

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Posted by Editor

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