Panatix Betting & Gaming, a subsidiary of Panatix Holdings, closed in its first eight states today in its previously announced acquisition of Pointbet USA's U.S. business. The acquisition transforms Panatix Betting and Gaming into the best online game operators with proven products in sports bets and casinos.
On June 30, 2023, Australia's Pointbet shareholders approved Panic Betting and a contract to sell shares and shares in games on a debt-free basis for Pointbet's U.S. Sports Betting, Advanced Deposit Betting (ADW), iCasino, Banach Technologies, and the company's license to use its proprietary technology platform.
Following regulatory approval today, Fanatics Betting and Gaming has suspended PointsBet USA's operations in Colorado, Iowa, Kansas, Maryland, New Jersey, Pennsylvania, Virginia and West Virginia. As each state closes and officially becomes part of Fanatics Betting and Gaming, customers of those states can see additional points, plus additional points for "Illinois's Point, Betting." 파칭코
"We're excited about what we're building at Fanatics Betting and Gaming. And this acquisition accelerates our plan. We have a 10-year plan that focuses on customers, not market share. We will secure customers efficiently. By investing in the customer experience at Panatics Sports Book and Points Bet, A Fanatics Experience, we can return the savings to our customers."
This strategic acquisition complements the growth and diversification achieved by fanatic betting and games over the past two years. Fanatic Betting and Gaming will continue to develop fanatic online casino services due to launch in the United States later this year by adding PointsBet's online casino platform available in four states. In addition, fanatic betting and gaming is now integrating Down with Bacechnology's risk management platform for downloadable Massadianatics sports.
PointsBet new and current customers can be part of the Panatics family and legal sports betting and iGaming's global digital sports platform, team merchandise and collections (trade cards). PointsBet customers can also experience the new and attractive promotions Panatics is planning for this football season.
PointsBet USA will continue to operate in states such as Illinois, Indiana, Louisiana, Michigan, New York and Ohio until Fanatics Betting and Gaming closes individually in selected states. PointsBet USA will continue to hire engineers, customer service teams, traders, marketing and compliance teams. New operating capital is flowing in from Panatics Betting and Gaming, and Johnny Hcken says the fastest users can continue to enjoy the fastest U.S. market, including Point Betting USA's four fastest major sports markets.