Fanatics Betting and Gaming has bought the US business of PointsBet for $150 million. Fanatics, a privately-held sports apparel company, is branching out in the US sports betting arena and the company acquired PointsBet USA as part of its plans to be in more than 12 states with legal sportsbooks by this football season.
PointsBet is based in Australia and the company is retaining its online sportsbook in Canada via the province of Ontario. Fanatics Sportsbook has plans to roll-out in the US sports betting market.
Doc's Sports Service has all the details in the post, Fanatics Buys PointsBet's US Business for $150 Million.
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