The sports platform company, Fanatics has raised the stakes as it looks to acquire PointsBet’s U.S. business. As part of its effort to outbid DraftKings, the firm increased its offer by 50 percent to $225 million. 

The Fanatics Betting and Gaming (FBG) arm of sports retail giant Fanatics has agreed to buy the US operations of PointsBet, marking the sports giant’s first major move into US sports betting.

The Philippines is continuing its upward trend, and should do so the rest of the year, note analysts, expecting full-year GGR to rise 15 percent annually. Domestic demand is the driver, but a return of Korean VIP customers is helping offset the absence of Chinese punters.

After receiving a $195 million offer for its US businesses, Australian online bookmaker PointsBet Holdings has agreed to engage with DraftKings. 

A $195 million offer has been made by DraftKings, the US-listed wagering group, for PointsBet business in the United States.

All eyes continue on Thailand, with Daniel Cheng giving us a deep look into the implications the political shift in the country could have on its casino aspirations, as youthful politicians reshuffle the agenda.