In a press release issued via the PointsBet investor relations website portal, the company confirmed the talks while noting that it routinely evaluates proposals from third parties as part of its efforts to maximize value for shareholders.
The release went on to add that the talks with NTD are preliminary and incomplete, and there is no guarantee that they will lead to a binding transaction.
Betr in Talks for Potential Acquisition of PointsBet Australian Business Betr in Talks for Potential Acquisition of PointsBet Australian Business for the Western Australia tab license after being chosen as the preferred bidder. The company was also fined last month for social responsibility failures that included the targeting of a known self-excluding gambler.
Olivia Richardson
Olivia has worked as an editor and writer for major brands across multiple niches. She now focuses on the iGaming and sports betting industries.