PointsBet Sells Nearly 13% Stake to SIG Sports in $65.5M TransactionWritten by: Steve Bittenbender

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Australian-based PointsBet announced on Monday (Sunday night US time) that it received a substantial investment from a division of Susquehanna International Group (SIG) of Companies that will make the US company the largest shareholder in the sportsbook. The AUD 94.2 million (USD 65.5 million) deal gives SIG Sports Investments Corporation (SIG Sports) nearly 38.8 million
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