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BlueBet pursues PointsBet takeover proposal after rival offer

Deals & M&A

BlueBet said it remains in discussions with PointsBet over its takeover proposal after PointsBet’s board backed a competing offer from MIXI. BlueBet chief executive Andrew Menz described shareholder engagement as positive, while PointsBet chair Brett Paton said the BlueBet proposal was non-binding and not fully funded; both offers remained on the table.

The competing proposals leave PointsBet shareholders weighing alternative takeover terms and funding positions.

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Deals & M&A

Fortuna Entertainment agrees to buy 70% of Lithuania’s TOPsport

Fortuna Entertainment Group agreed to acquire a 70% stake in Lithuanian betting and gaming operator TOPsport, according to the companies. TOPsport reported 2025 EBITDA of €65 million, a margin above 50% and around 30% compound annual growth since 2020. The transaction is a record investment for Fortuna’s parent company, Penta; no purchase price was stated.

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