SectorWire
SearchRegister
MenuClose

AGCO and iGO clear MIXI’s proposed PointsBet takeover in Ontario

Deals & M&A

Ontario’s AGCO and iGaming Ontario approved MIXI’s proposed acquisition of PointsBet, clearing the Ontario gaming-approval condition, according to the report. MIXI’s A$402m off-market bid still requires acceptance from at least 50.1% of PointsBet shareholders and remains subject to other conditions.

The remaining shareholder acceptance threshold and conditions determine whether the proposed takeover can proceed.

Request a correction

Flag an issue

Keep reading

Regulation

MLB operators cap individual-pitch bets at $200 across the US market

Major League Baseball said authorised sportsbook operators agreed to cap bets on individual pitches at $200 and exclude those wagers from parlays in the United States. MLB said the operators represent more than 98% of the US betting market and that the limits address integrity risks; the agreement followed indictments alleging two Cleveland Guardians pitchers rigged pitches.

Continue reading