Fanatics ends their US acquisition of PointsBet

Fanatics Betting and Gaming, a subsidiary of Fanatics Holdings, has finalized its acquisition of PointsBet's US operations.

PointsBet received the full payment of US$225m and transferred its remaining entities to FBG. PointsBet's CEO praised both companies' reputations and regulatory relationships.

The acquisition boosts FBG's growth, expanding the Fanatics Sportsbook to 95% of the US online sports betting market.
 
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