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Business
August 29, 2023
PointsBet to Return Millions to Shareholders Following the Sale of Its US Arm
PointsBet will return millions to its shareholders following the sale of its US business to Fanatics Betting and Gaming. This was confirmed during the company’s latest extraordinary general meeting. PointsBet agreed to divest its US assets on June 30, selling its American operations of $225 million. The transaction is intended to take place over a […]
Sports
August 28, 2023
Fanatics Gets Closer to Sportsbook Launch in Pennsylvania
Earlier this month, Fanatics revealed it anticipates launching its full Fanatics Sportsbook in four states after a testing period was completed. Those states are Tennessee, Massachusetts, Ohio and Maryland. While this will enable the company to engage with new players, the acquisition of the US assets of the Australian-based gambling company, PointsBet, will enable it […]
Sports
August 21, 2023
Fanatics to Launch Trading Cards and Collectibles into Its Loyalty Program
In a strategic move to enhance its sports wagering loyalty platform, Fanatics, the renowned sports merchandise company, is gearing up to introduce collectibles and trading cards to its rewards program. Fanatics Eyes Collectibles Integration into FanCash Program A representative from Fanatics confirmed in a statement for Casino.org that the company envisions incorporating collectibles into the […]
Sports
August 17, 2023
Fanatics Launches Feature-Rich Sportsbook App in Four US States
Fanatics Betting and Gaming, the online and retail sports betting arm of Fanatics Holdings, Inc., has officially launched the Fanatics Sportsbook app in Maryland, Massachusetts, Ohio, and Tennessee. Fanatics Sportsbook App Unveils Dynamic Features for Avid Sports Enthusiasts The Fanatics Sportsbook app introduces a slew of features that cater to avid sports enthusiasts. The app […]
Sports
August 7, 2023
Fanatics Sportsbook Advances Toward New York License via PointsBet Deal
Fanatics Sportsbook has inched closer to obtaining a coveted sports betting license in the state of New York. The ambitious move comes after Fanatics acquired the US assets of PointsBet, a development that has piqued the interest of regulators and industry observers alike. NYSGC’s Meeting Unveils Fanatics’ PointsBet Acquisition Impact and Scrutiny The New York […]
Industry
July 28, 2023
Bet365 and Fanatics Rumored to Enter Arizona Market with New Licenses
Bet365 and Fanatics are rumored to be considering entering the Arizona sports betting market as the state prepares to award three new licenses. Arizona Department of Gaming Set to Expand Sports Betting with Three New Licenses The Arizona Department of Gaming (ADG) is preparing to issue three new sports betting licenses to expand the state’s […]
Sports
July 26, 2023
Fanatics Teams up with Columbus Blue Jackets for Retail Sportsbook
Fanatics Betting and Gaming will be working with the team in the Columbus Arena District and create a new dedicated sports betting experience that will allow fans to place a wager in person and get access to Fanatics’ increasingly growing sports betting offer. Bringing Retail Betting to Nationwide Arena Commenting on this opportunity, Blue Jackets […]
Business
July 21, 2023
IT Heavyweight Agrawal Joins Fanatics as CIO
Fanatics, a global digital sports platform, has reinforced its Fanatics Holdings team with the appointment of Parag Agrawal as its new chief information officer. The newly-created role will see the IT heavyweight apply his skills to lead Fanatics’ internal digital systems transformation. As CIO of the company, the hire will be responsible for improving the […]
Business
June 30, 2023
PointsBet’s Shareholders Vote in Favor of US Assets Sale
PointsBet announced that an overwhelming majority of its shareholders supported the sale of its US-facing business to the well-known sports merchandise company, Fanatics. Fanatics Betting and Gaming, the company’s sports retail division, filed a proposal for the takeover of PointsBet’s US assets in a deal for some $225.0 million, a significant increase from its initial […]
Sports
June 28, 2023
DraftKings Folds Bid for PointsBet US Assets
In a surprising turn of events, DraftKings Inc. announced on June 28 that it will no longer pursue the acquisition of the US business of PointsBet Holdings Ltd. DraftKings expressed its gratitude to PointsBet for their time and cooperation during the process. DraftKings’ Failed Attempt to Acquire PointsBet Paves the Way for Fanatics The collapse […]