{"id":777032266,"date":"2025-09-26T07:47:23","date_gmt":"2025-09-26T10:47:23","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777032266"},"modified":"2026-04-21T18:45:46","modified_gmt":"2026-04-21T21:45:46","slug":"betr-increases-stake-in-pointsbet-after-takeover-defeat","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/betr-increases-stake-in-pointsbet-after-takeover-defeat","title":{"rendered":"Betr increases stake in PointsBet after takeover defeat"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The operator has pledged \u201cconstructive engagement\u201d with Mixi.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Australia.- Although it lost its takeover bid, <strong>Betr Entertainment<\/strong> has increased its holding in <strong>PointsBet Holdings<\/strong> to 27.72 per cent positioning itself as a powerful minority shareholder after Japanese company Mixi <a href=\"https:\/\/focusgn.com\/asia-pacific\/mixi-secures-control-of-pointsbet-blocks-betr-from-board-influence\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/mixi-secures-control-of-pointsbet-blocks-betr-from-board-influence\" target=\"_blank\" rel=\"noreferrer noopener\">secured majority control<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The takeover bid earned Betr more than 30 million additional shares and voting power, a role it says it will use to protect shareholder interests and foster \u201c<strong>constructive engagement<\/strong>\u201d with Mixi and the PointsBet board.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Betr\u2019s all-scrip offer, valued at AU$1.40 (US$0.91) per share, was ultimately rejected in favour of Mixi\u2019s AU$1.25 (US$0.81) cash bid, which <a href=\"https:\/\/focusgn.com\/asia-pacific\/mixi-secures-majority-control-of-pointsbet-as-operator-posts-record-results\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/mixi-secures-majority-control-of-pointsbet-as-operator-posts-record-results\" target=\"_blank\" rel=\"noreferrer noopener\">delivered the Japanese group a 66.43 per cent majority stake<\/a><\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/01\/finance-8037839_1280-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/mixi-consolidates-control-over-pointsbet'>Mixi consolidates control over PointsBet<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>The operator has pledged \u201cconstructive engagement\u201d with Mixi.<\/p>\n","protected":false},"author":680,"featured_media":777032269,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Betr Entertainment has increased its holding in PointsBet Holdings to 27.72%, establishing itself as a powerful minority shareholder following Mixi's successful acquisition of a 66.43% majority stake. Despite its all-scrip takeover bid being rejected in favor of Mixi's cash offer, Betr pledges constructive engagement with Mixi and the PointsBet board to protect shareholder interests.","focusai_entities":"Betr Entertainment, Mixi, PointsBet Holdings","focusai_location":"Australia","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Betr's Governance Strategy","query":"What are the specific governance mechanisms Betr intends to employ to protect minority shareholder interests within PointsBet under Mixi's majority control?"},{"label":"Mixi's Evolving Strategy","query":"How might Mixi's strategic objectives for PointsBet evolve given Betr's significant minority stake and stated intent for 'constructive engagement'?"}],"footnotes":""},"categories":[16336,157],"tags":[289,24810,24835,24792],"class_list":["post-777032266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-australia","tag-betr-entertainment","tag-mixi","tag-pointsbet"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777032266","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=777032266"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777032266\/revisions"}],"predecessor-version":[{"id":777032273,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777032266\/revisions\/777032273"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777032269"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777032266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777032266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777032266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}