• PointsBet says MIXI now has more than 50% acceptance, enough to push forward with its takeover bid
• A final date for deciding has now been extended to September 12, 2025, as per the existing law
• Betr has not yet responded to the latest development, which also values PointsBet at AU$1.30 per share

PointsBet Holdings Limited has issued a new update to the Australian Stock Exchange, stating that MIXI Australia Pty Ltd has obtained the necessary approval to proceed with a proposed takeover proposal, potentially ending a bidding war with rival Betr.