This story was published more than 1 year ago.
Australian gaming company PointsBet is rumored to be looking to sell its US-facing business after the company failed to sell its Australian operation.
The company hasn't denied reports that it is looking to sell the American-facing business, which has been setting new highs in terms of revenues in the market. PointsBet was recently in negotiations to broker a deal with NTD Limited, a News Corp company, but the $250 million AUD price was a sticking point.
As a result of those failed negotiations, PointsBet is now turning to sell off its American brand, which is active in several states. PointsBet offers sportsbetting services and casino games in select states, and holds several sponsorships of major sports brands, including the NHL.
Casino Listings News is following the rumors and will be updating readers as we learn more.
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Comments
That's quite interesting. If it in fact is true, I'm curious to see what the price for selling them would be.
Yeah, I wonder as well. I'm actually a PointsBet fan. They have good bonuses they dish out for sportsbetting!
Yeah I've heard they are quite popular in the US. So must have a good reason/ offer to be selling.