{"id":777031008,"date":"2025-08-29T09:08:05","date_gmt":"2025-08-29T12:08:05","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777031008"},"modified":"2026-04-21T19:39:46","modified_gmt":"2026-04-21T22:39:46","slug":"mixi-secures-majority-control-of-pointsbet-as-operator-posts-record-results","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/mixi-secures-majority-control-of-pointsbet-as-operator-posts-record-results","title":{"rendered":"Mixi secures majority control of PointsBet as operator posts record results"},"content":{"rendered":"\n

The Japanese firm has passed the 50 per cent ownership mark.<\/p>\n\n\n\n\n\n\n\n

Australia.- Mixi <\/strong>has gained majority control of PointsBet Holdings<\/strong>, with its voting power now exceeding 50 per cent<\/strong>. The milestone automatically extends the company\u2019s AU$1.25 (US$ 0.81) per share all-cash offer until 12 September<\/a>, under Australian corporate law.<\/p>\n\n\n\n

The development strengthens Mixi\u2019s position against rival bidder Betr Entertainment, which has been unable to convince PointsBet on its own proposal<\/a>. Mixi has argued that Betr\u2019s proposal could reduce shareholder value.<\/p>\n\n\n\n

Meanwhile, PointsBet reported record financial results<\/strong>. Full-year net revenue rose 6 per cent year-on-year to AU$261.4m (US$ 170m), while normalised EBITDA turned positive for the first time at AU$11.2m (US$7.3m), compared with a AU$1.8m (US$1.1m) loss the previous year. Gross profit climbed 6 per cent to AU$137m (US$89m).<\/p>\n\n\n\n

The operator highlighted strong growth in its igaming business, with revenue up 39 per cent to AU$26m (US$16.9m)<\/strong>, alongside a 4 per cent rise in sports betting revenue to AU$257.6m (US$168m). Active cash clients reached a record 295,800.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Iris Capital raises bid for Reef Casino Trust<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

The Japanese firm has passed the 50 per cent ownership mark.<\/p>\n","protected":false},"author":680,"featured_media":777031338,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Mixi has secured majority control of PointsBet Holdings, extending its AU$1.25 per share offer until September 12, thereby strengthening its position against rival bidder Betr Entertainment. This development coincides with PointsBet reporting record full-year financial results, including a 6% rise in net revenue to AU$261.4m and a 39% increase in iGaming revenue.","focusai_entities":"Mixi, PointsBet Holdings, Betr Entertainment","focusai_location":"Australia, Japan","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), compliance_legal (0.9), operator_casino (1.0), affiliate_publisher (0.7), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Mixi's Strategic Rationale?","query":"What are Mixi's stated strategic objectives for gaining majority control of PointsBet, particularly concerning its iGaming vertical expansion and market positioning in Australia?"},{"label":"PointsBet's Post-Acquisition Strategy?","query":"How will PointsBet's operational strategy, particularly regarding its iGaming and sports betting product roadmap and geographic expansion, be influenced by Mixi's majority ownership?"}],"footnotes":""},"categories":[16336,157],"tags":[24835,24792],"class_list":["post-777031008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-mixi","tag-pointsbet"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/680"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777031008"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031008\/revisions"}],"predecessor-version":[{"id":777031018,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031008\/revisions\/777031018"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777031338"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777031008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777031008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777031008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}