Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from BlueBet Holdings Ltd. ( (AU:BBT) ) is now available.
betr Entertainment Limited has concluded its off-market takeover bid for PointsBet Holdings Limited, acquiring a 27.72% voting power in PointsBet. This acquisition allows betr to influence shareholder decisions and engage constructively with PointsBet’s board on value creation. As a result of the offer, betr will issue approximately 132.74 million new shares to PointsBet shareholders. Following the offer’s closure, betr will proceed with a Selective Buy-Back, which will open on 2 October 2025.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
More about BlueBet Holdings Ltd.
betr Entertainment Limited is a pure-play digital wagering operator listed on the Australian Securities Exchange (ASX), focusing solely on the Australian wagering market. The company boasts a world-class board led by prominent Australian wagering industry figures Matthew Tripp and Michael Sullivan, supported by a highly experienced management team.
Average Trading Volume: 654,096
Technical Sentiment Signal: Sell
Current Market Cap: A$263.9M
Find detailed analytics on BBT stock on TipRanks’ Stock Analysis page.