Japanese entertainment giant Mixi has lobbed a higher bid to buy PointsBet and stave off a takeover of the business by local bookmaker Betr.
PointsBet has been in due diligence with Matthew Tripp’s Betr since May when it bought almost 20 per cent of the bookmaker and pitched a $360 million takeover proposal comprised of cash and scrip.
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Zoe Samios covers wagering and the business of sport from the AFR's Sydney newsroom. She was previously the media and telecommunications reporter for The Sydney Morning Herald and The Age, and covered media at The Australian. Connect with Zoe on Twitter. Email Zoe at zoe.samios@afr.com
