PointsBet Puts US Sports Betting Business up for Sale

PointsBet Puts US Sports Betting Business up for Sale

Company the 7th biggest sports betting operator in USA

by - Tuesday, April 18th, 2023 9:11

PointsBet Sports Betting
PointsBet Puts US Sports Betting Business up for Sale hired investment bank Moelis & Company to seek out potential buyers for its sports betting operations in North America.

Since first launching in the United States, the company has struggled to gain a meaningful market-share in an industry currently dominated by both DraftKings and FanDuel.

PointsBet Puts US Sports Betting Business up for Sale PointsBet Puts US Sports Betting Business up for Sale PointsBet Puts US Sports Betting Business up for Sale

PointsBet is currently offering US Sports betting in 14 states and recently withdrew its application for a license to operate in the state of Massachusetts.

Ciaran McEneaney
PointsBet Puts US Sports Betting Business up for Sale