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Betr Launches Unsolicited Offer of $1.22 for PointsBet
On 16 July 2025, the Australian wagering sector received a surprise development. Betr Entertainment (ASX: BBT), formerly known as BlueBet, announced an unexpected offer for rival PointsBet Holdings (ASX: PBH), proposing 3.81 Betr shares for each PointsBet share. The bid was announced after market close, surprising most market participants.Here’s where it gets interesting. PointsBet had…
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