A Long-Running Battle for Control As stated in the official Notice of change in interests of substantial holder (pdf), the takeover represents a significant shift in ownership for PointsBet, a major online sportsbook and casino operator. As of September 12, MIXI now holds 230,893,535 shares in PointsBet, placing it firmly in control of the company. However, despite the successful conclusion, MIXI’s bid faced considerable opposition from Betr Entertainment, which holds a 19.9% stake in PointsBet and declined to accept the offer. As a result, the price of AU$1.25 per share remained the final offer, as the expected increase to AU$1.30 per share did not materialize. The takeover saga began in late 2024, with speculation surrounding potential overseas interest in acquiring PointsBet.