Mystery at the heart of $20m in PointsBet shares
For earning a tidy income in board fees from an ASX-listed bookmaker, PointsBet's executives really don't seem to be the gambling type when it comes to their own money.
At least, if their decision to back a $402 million takeover bid from Japanese entertainment giant Mixi is anything to go by. Should the deal go ahead, it will bring an end to a five-month fight between Mixi and Matthew Tripp's Betr for the local operations of PointsBet.
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