PointsBet Holdings ( (AU:PBH) ) just unveiled an update.
PointsBet Holdings has received a confidential acquisition proposal from Betr Entertainment, which it is currently evaluating with the help of external advisers. The PointsBet Board recommends shareholders vote in favor of an existing scheme with MIXI Australia Pty Ltd, unless a superior proposal emerges, and will keep stakeholders informed of any developments.
More about PointsBet Holdings
PointsBet is a corporate bookmaker listed on the Australian Securities Exchange, operating in Australia and Canada. The company has developed a scalable cloud-based wagering platform, offering innovative sports and racing wagering products and iGaming services.
YTD Price Performance: 23.23%
Average Trading Volume: 2,781
Technical Sentiment Signal: Hold
Current Market Cap: $232.8M
For detailed information about PBH stock, go to TipRanks’ Stock Analysis page.