Fanatics to buy PointsBet U.S. assets
Written by Black Hot Fire Network on May 15, 2023
- Fanatics agreed to buy the U.S. operations of sports betting company PointsBet, sources said.
- The deal values the assets at about $150 million.
- The agreement marks a big leap into sports gambling for Fanatics.
Fanatics logo is seen on the dugout wall before the game between the Pittsburgh Pirates and the Milwaukee Brewers at PNC Park on July 3, 2022 in Pittsburgh, Pennsylvania. (Photo by Justin Berl/Getty Images)
Justin Berl | Getty Images
