{"id":9353,"date":"2025-06-26T07:10:14","date_gmt":"2025-06-26T07:10:14","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/06\/26\/betr-cries-foul-as-pointsbet-vote-moves-mixi-deal-forward\/"},"modified":"2025-06-26T07:10:14","modified_gmt":"2025-06-26T07:10:14","slug":"betr-cries-foul-as-pointsbet-vote-moves-mixi-deal-forward","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/06\/26\/betr-cries-foul-as-pointsbet-vote-moves-mixi-deal-forward\/","title":{"rendered":"Betr Cries Foul as PointsBet Vote Moves MIXI Deal Forward"},"content":{"rendered":"<div>\n<p>Tensions are rising in the battle for control of PointsBet. What was supposed to be a clear shareholder vote on June 25 has turned messy, with Betr Entertainment demanding a recount. The group claims its own vote\u2014enough to make some noise\u2014was wrongly left out of the final tally.<\/p>\n<hr>\n<p><em><strong>Good to know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>Betr holds 19.9% voting power in PointsBet and claims its vote was excluded.<\/strong><\/em><\/li>\n<li><em><strong>Shareholders backed MIXI\u2019s bid with 95.69% approval in the meeting.<\/strong><\/em><\/li>\n<li><em><strong>Betr is threatening a legal challenge if its vote is not counted.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<p>Despite holding nearly a fifth of PointsBet\u2019s voting rights, Betr alleges that the chair of the meeting <em>\u201cimpermissibly excluded\u201d<\/em> its proxy vote against the <a href=\"https:\/\/igaming.org\/casino-news\/pointsbet-picks-mixi-over-betr-after-reviewing-offers\/\">MIXI takeover deal<\/a>. The company insists its vote was properly submitted and never withdrawn.<\/p>\n<p>In the final numbers, 81.9 million votes opposed the takeover, while 350.2 million supported it. The vote looked airtight during the live meeting, with an overwhelming 95.69% of those present in favor of MIXI. But when counting only proxy votes, the support dropped to 69.47%. Betr claims that without its exclusion, the margin could have been tighter\u2014and perhaps more controversial.<\/p>\n<h2>Betr Threatens Court Action and Plans Its Next Move<\/h2>\n<p>Betr\u2019s message was clear: it wants its vote included, or it will go to court. With the final court hearing scheduled for June 26, Betr gave a direct warning.<em> \u201cIf the chair of the meeting fails to do so and announces the results prior to the court hearing on 26 June, Betr will challenge the exclusion of its vote at the hearing,\u201d<\/em> it stated.<\/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\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.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\/mirax-casino\/\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow\">Mirax Casino<\/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>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/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<\/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\/mirax-casino\/\" 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>This is not Betr\u2019s first attempt to derail the MIXI deal. It previously offered its own <a href=\"https:\/\/igaming.org\/casino-news\/betr-returns-with-fresh-bid-offering-shares-for-pointsbet\/\">takeover bid<\/a>, hoping to outmaneuver MIXI with an all-share deal: 3.81 Betr shares for each PointsBet share, valuing each share at AU$1.22. That price was based on Betr\u2019s $0.32 share valuation. Despite promises of \u201csignificant value enhancement\u201d and over $40 million in potential synergies, PointsBet rejected the bid.<\/p>\n<p>PointsBet instead leaned toward MIXI\u2019s $1.20 cash-per-share proposal, describing Betr\u2019s offer as \u201cmaterially\u201d inferior. The group already has a deal in place with MIXI, and the takeover has cleared approval from Australia\u2019s Foreign Investment Review Board. The shareholder vote was the final key piece\u2014unless the court decides otherwise.<\/p>\n<p>MIXI, meanwhile, kept things calm but acknowledged Betr\u2019s protest. It said it <em>\u201cwelcomes the strong support\u201d<\/em> from shareholders while <em>\u201cmonitoring the situation closely.\u201d<\/em> Whether the drama ends in the courtroom or a renewed offer from Betr remains to be seen.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/betr-cries-foul-as-pointsbet-vote-moves-mixi-deal-forward\/\">Betr Cries Foul as PointsBet Vote Moves MIXI Deal Forward<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tensions are rising in the battle for control of PointsBet. What was supposed to be a clear shareholder vote on June 25 has turned messy, with Betr Entertainment demanding a recount. The group claims its own vote\u2014enough to make some noise\u2014was wrongly left out of the final tally. Good to know Betr holds 19.9% voting [&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-9353","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\/9353","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=9353"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9353\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=9353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=9353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=9353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}