Fanatics Raises Offer to Buy PointsBet’s U.S. Business by 50%

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Sports-merchandise giant Fanatics has upped its offer for the U.S. business of sports-betting operator PointsBet by 50% amid a bidding war with gambling competitor DraftKings

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djreprints.com.DraftKings also offered to buy the unit earlier this month, creating a bidding warFanatics says it plans to target its database of 95 million customers as a cost-effective marketing strategy.Sports-merchandise giant Fanatics has upped its offer for sports-betting operator

 

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