Latest news with #MatthewTripp
AU Financial Review
30-06-2025
- Business
- AU Financial Review
Master of the market comes in from the cold
The farrago around Pointsbet's $402 million sale to Japanese social media company Mixi has drawn its fair share of rubberneckers. Computershare botched tallying the shareholder vote last week, and missed rival Betr's attempts to block the deal. Betr wants to buy Pointsbet for itself. The brainchild of the bookmaker is the country's most famous bookmaker (and Melbourne Storm chairman) Matthew Tripp. And by swallowing up the ASX-listed Blue Bet last year, Betr became a public company.
AU Financial Review
19-06-2025
- Business
- AU Financial Review
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.
AU Financial Review
28-04-2025
- Business
- AU Financial Review
Matt Tripp's Betr buys 20pc of PointsBet in takeover war
Matthew Tripp's Betr has bought nearly 20 per cent of its bookmaker rival PointsBet, throwing a major curveball in Japanese entertainment giant Mixi's attempted takeover of the company. Betr, formerly known as BlueBet, has been trying to thwart a deal with Mixi since PointsBet announced the $353 million board-endorsed bid in late February. It told the market late on Monday it had bought more than 66 million shares in PointsBet.
