The farrago around Pointsbet’s $402 million sale to Japanese social media company Mixi has drawn its fair share of rubberneckers. Computershare botched tallying the shareholder vote last week, and missed rival Betr’s attempts to block the deal.
Betr wants to buy Pointsbet for itself. The brainchild of the bookmaker is the country’s most famous bookmaker (and Melbourne Storm chairman) Matthew Tripp. And by swallowing up the ASX-listed Blue Bet last year, Betr became a public company.
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Mark Di Stefano is Rear Window columnist, based in the Sydney newsroom. He previously worked at BuzzFeed, the Financial Times and The Information before joining the Financial Review as a media and tech correspondent. Connect with Mark on Twitter. Email Mark at mark.distefano@afr.com
