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Fanatics to buy PointsBet U.S. assets

Fanatics logo is seen on the dugout wall before the game between the Pittsburgh Pirates and the Milwaukee Brewers at PNC Park on July 3, 2022 in Pittsburgh, Pennsylvania. (Photo by Justin Berl/Getty Images)Justin Berl | Getty ImagesFanatics has agreed to acquire the U.S. operations of PointsBet, marking the sports giant's first major leap into U.S. sports betting.The deal is worth about $150 million in cash. The companies announced the deal Sunday night soon after CNBC reported an agreement was reached. "Fanatics and PointsBet are excited to enter into an...
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