AGCO Signs Off on MIXI’s Takeover Bid for PointsBet
Posted on: July 8, 2025, 11:44h.
Last updated on: July 8, 2025, 12:18h.
- Betr and MIXI are still scrapping over ownership of PointsBet
- MIXI would retain PointsBet Canada if successful with its takeover bid
The Alcohol and Gaming Commission of Ontario (AGC), the regulator for iGaming in the province, has signed off on MIXI’s proposed takeover bid for PointsBet.
PointsBet has iGaming operations in Ontario and Australia and plans to launch in Alberta when that province’s regulated iGaming market goes live in 2026. The company sold its US operations to Fanatics in 2023,
When there is a change in ownership of the operating company of an iGaming operator in Ontario, the AGCO assesses the acquirer’s eligibility for licensure under the Gaming Control Act and the Registrar’s Standards for Internet Gaming,” a spokesperson from the AGCO told Casino.org.
Last week, the AGCO informed MIXI that its review hadn’t identified any evidence that would preclude them from eligibility in Ontario and that, as a result, the AGCO would not object to the proposed corporate transaction.”
PointsBet Board Approves MIXI Bid
PointsBet is currently bogged down in a battle royale between Betr Entertainment and MIXI, the Japanese digital entertainment company, with the PointsBet board recommending the sale to MIXI while Betr, as the majority shareholder in PointsBet, saying it could challenge the takeover shareholder vote in court. Part of the Betr takeover bid includes selling off PointsBet Canada to Hard Rock Digital.
MIXI would retain PointsBet Canada. Betr currently owns 19.9% of PointsBet, making it the company’s largest shareholder. BlueBet Holdings and Betr merged in July 2024, with BlueBet adopting the Betr brand.
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