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DraftKings Moving Forward with Purchase of PoinsBet

June 19th 2023

The board of PointsBet said Sunday night that it will continue to endorse a Fanatics bid while looking into a last-minute offer from DraftKings. The Australian business announced in a press release that it would work with DraftKings to accept its $195 million offer to buy the US assets of PointsBet. PointsBet's board still urges shareholders to accept the earlier ...

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University Signs First Ever Sportsbook Sponsorship Deal

September 08th 2020

Today the University of Colorado announced that they have signed a 5 year deal with PointsBet sportsbook. This is the first ever sponsorship deal between a sportsbooks and a division 1 college team. The deal will provide the University of Colorado with money in the absence of other forms of income due to the coronavirus pandemic. The most costly result ...

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