MIXI's Revised Bid for PointsBet Shakes Up Betting Market

MIXI has revisited its takeover proposal for PointsBet, submitting a revised cash offer that could reshape the sports betting landscape. The deal, contingent on acquiring at least 90% of PointsBet’s shares, has gained the full support of the company’s board.

Key Takeaways

• MIXI’s revised bid requires 90% shareholder acceptance.
• PointsBet’s board backs the cash offer for its clarity and lower risk.
• A successful acquisition would strengthen PointsBet’s position in the market.

A Clearer Path to Acquisition

PointsBet’s board has recommended that shareholders approve MIXI’s updated bid, which follows its original A$1.06 per share cash proposal made earlier in 2025. To underscore its backing, PointsBet even canceled a scheduled shareholder meeting, signaling unified support for the revised terms.

Market Implications

If successful, the acquisition would mark a major step in industry consolidation, reinforcing PointsBet’s competitiveness in the global sports betting market. Strategic takeovers like this reflect the broader trend of operators seeking scale, stability, and innovation in an increasingly regulated environment.

Looking Ahead

Shareholders now await the final decision that will determine PointsBet’s future under MIXI’s ownership. With the sports betting market evolving rapidly, this deal could set the tone for further consolidation and innovation across the sector.