{"id":757400,"date":"2023-06-28T01:31:08","date_gmt":"2023-06-28T00:33:36","guid":{"rendered":"https:\/\/omni48.com\/?p=757400"},"modified":"2023-07-08T00:38:20","modified_gmt":"2023-07-08T00:38:20","slug":"fanatics-agrees-to-225-million-deal-to-purchase-pointsbet-us-betting-business","status":"publish","type":"post","link":"https:\/\/omni48.com\/gambling\/fanatics-agrees-to-225-million-deal-to-purchase-pointsbet-us-betting-business","title":{"rendered":"Fanatics agrees to $225 million deal to purchase PointsBet US betting business"},"content":{"rendered":"<p>PointsBet has finally come to an agreement to sell its US betting business, the company announced on Tuesday. After a lengthy negotiation, Fanatics won the sports betting bidding war for the company, valued at $225 million. The sale comes after Fanatics initially reached an agreement with PointsBet at around $150 million on May 16, just to be outbid at the 11th hour by DraftKings a month later. DraftKings had agreed to pay $195 million for the sportsbook on that date, but the actual cost is much higher when adding in the massive price of PointsBet&#8217;s four-year $250 million advertising deal with NBC. The&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PointsBet has finally come to an agreement to sell its US betting business, the company announced on Tuesday. After a lengthy negotiation, Fanatics won the sports betting bidding war for<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-757400","post","type-post","status-publish","format-standard","hentry","category-gambling"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/757400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=757400"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/757400\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=757400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=757400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=757400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}