A MarketScreener report suggests that PointsBet could soon be the subject of a takeover offer worth more than $197 million. According to the report, PointsBet has engaged in both formal and informal conversations with prospective purchasers in recent months, including at least one serious Asian suitor.
PointsBet has since issued a statement refuting the rumors, though.
The business has been cutting marketing costs and increasing platform efficiency as part of its efforts to optimize operating costs.
PointsBet has since issued a statement refuting the rumors, though.
The business has been cutting marketing costs and increasing platform efficiency as part of its efforts to optimize operating costs.