{"id":9210,"date":"2025-06-04T04:56:48","date_gmt":"2025-06-04T04:56:48","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/06\/04\/pointsbet-shareholders-get-new-superior-deal-offer-from-mixi\/"},"modified":"2025-06-04T04:56:48","modified_gmt":"2025-06-04T04:56:48","slug":"pointsbet-shareholders-get-new-superior-deal-offer-from-mixi","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/06\/04\/pointsbet-shareholders-get-new-superior-deal-offer-from-mixi\/","title":{"rendered":"PointsBet Shareholders Get New \u2018Superior\u2019 Deal Offer From MIXI"},"content":{"rendered":"<div>\n<p>MIXI Australia has returned with a stronger takeover offer for PointsBet, now valued at $402 million AUD ($260 million USD), overtaking a competing bid from Betr Entertainment. The new proposal raises the offer to $1.20 per share, reflecting a 44.6% premium on PointsBet\u2019s closing price from February 25.<\/p>\n<hr>\n<p><strong><em>Good to know<\/em><\/strong><\/p>\n<ul>\n<li><strong><em>MIXI\u2019s latest offer beats Betr\u2019s $360 million bid by $42 million.<\/em><\/strong><br \/>\n<strong><em>PointsBet has paused trading until at least Thursday.<\/em><\/strong><\/li>\n<li><strong><em>Shareholder vote meeting has been moved to June 25.<\/em><\/strong><\/li>\n<\/ul>\n<hr>\n<p>Back in February, PointsBet had already backed a $353 million proposal from MIXI\u2019s Australian unit. But when Betr, formerly BlueBet, came in with a <a href=\"https:\/\/igaming.org\/sports-news\/betr-raises-offer-for-pointsbet-to-au360m-and-challenges-mixi\/\"><strong>$360 million offer<\/strong><\/a> in May, the board labeled it<em> \u201csuperior.\u201d<\/em> That led MIXI to revise its offer, increasing the total enterprise value by $49 million.<\/p>\n<p>With the upgraded terms, PointsBet shareholders would now receive $1.20 per share, all in cash. MIXI also added an alternative plan\u2014if shareholders do not approve the formal scheme, it could still proceed with an off-market takeover. That route would require only 50% shareholder approval and would still offer $1.20 per share.<\/p>\n<p>PointsBet confirmed the proposal and placed a temporary trading halt on the Australian Stock Exchange. The company stated that trading is expected to resume by Thursday after further evaluation of the offer.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"BetUS\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/BetUS.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"BetUS\" target=\"_blank\" rel=\"nofollow\">BetUS<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of up to $2,500<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino &#038; Sports<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>To give shareholders more time, the previously scheduled scheme meeting on June 12 has been rescheduled for June 25, with court approval.<\/p>\n<p>Even with MIXI\u2019s upgraded bid, PointsBet\u2019s board has not ruled out Betr\u2019s proposal. Although now financially lower, Betr\u2019s offer still remains under consideration. It includes a cash component between $240 million and $260 million, plus an additional scrip component worth up to $120 million. Betr also claims it can bring $40 million in annual synergies.<\/p>\n<p>PointsBet and Betr continue to carry out due diligence on the value of the offer, including the worth of the scrip component.<\/p>\n<p>According to PointsBet,<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"BetUS\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/BetUS.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"BetUS\" target=\"_blank\" rel=\"nofollow\">BetUS<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of up to $2,500<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino &#038; Sports<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><em>\u201cPointsBet and Betr are continuing with the due diligence as the PointsBet board, with the input of its external advisers, further assesses the Betr proposal in light of the improved proposal.\u201d<\/em><\/p>\n<p>The company confirmed it will update shareholders if any further developments occur regarding the competing offers.<\/p>\n<p>In related news, PointsBet was <strong><a href=\"https:\/\/igaming.org\/sports-news\/acma-hits-pointsbet-with-over-300k-penalty\/\">penalized<\/a> <\/strong>in Australia just two weeks ago after breaching spam and self-exclusion regulations. The Australian Communications and Media Authority (ACMA) fined the company AU$500,800 ($321,706), citing hundreds of unlawful marketing messages and failures to comply with rules designed to protect self-excluded users.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/pointsbet-shareholders-get-new-superior-deal-offer-from-mixi\/\">PointsBet Shareholders Get New \u2018Superior\u2019 Deal Offer From MIXI<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MIXI Australia has returned with a stronger takeover offer for PointsBet, now valued at $402 million AUD ($260 million USD), overtaking a competing bid from Betr Entertainment. The new proposal raises the offer to $1.20 per share, reflecting a 44.6% premium on PointsBet\u2019s closing price from February 25. Good to know MIXI\u2019s latest offer beats [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-9210","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=9210"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9210\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=9210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=9210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=9210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}