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PointsBet deal authorised in Ontario as esports betting market expands

July 8, 2025
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Ontario regulators have authorised MIXI Australia Pty Ltd’s (MIXI) proposed takeover bid of PointsBet Holdings Restricted. This transfer clears issues with the proposed acquisition. It could additionally place PointsBet to increase its esports betting footprint throughout occasions akin to this 12 months’s Esports World Cup (EWC 2025) and League of Legends Mid-Season Invitational (MSI 2025).

PointsBet’s esports tournaments (Picture by way of PointsBet)

MIXI and PointsBet get iGaming Ontario approval

Based on PointsBet, the Alcohol and Gaming Fee of Ontario (AGCO) performed an prolonged and intensive overview into MIXI earlier than offering written affirmation of the proposed acquisition. PointsBet additionally obtained affirmation from iGaming Ontario (iGO).

In the meantime, MIXI has happy the requirement in Paragraph 4.5 of Schedule 1 within the Bid Implementation Deed dated June 16, 2025. The proposed takeover bid, nevertheless, nonetheless is dependent upon assembly different situations akin to at the very least a 50.1% acceptance of the supply.

On March 24, 2025, Northern Territory Racing and Wagering Fee (NTRWC) authorised MIXI’s acquisition of PointsBet as effectively. This implies no additional gaming regulatory approvals are wanted for the proposed takeover bid.

MIXI PointsBet iGaming Ontario esports betting
Gaming income by quarter from April 1, 2024 to March 31, 2025 (Picture by way of iGO)

The Ontario iGaming market

Based on iGO, Ontario’s open iGaming market grew steadily in its third 12 months from April 1, 2024 by March 31, 2025. Wagers reached $82.7 billion and gross gaming income hit $3.2 billion, a 32% from the earlier year-over-year (YoY) report.

The province’s market additionally included 49 operators throughout 84 gaming websites. On line casino wagers made up the majority at $69.6 billion, adopted by $11.4 billion in betting that featured esports and sports activities. In the meantime, peer-to-peer poker wagers totaled $1.7 billion.

BETBY to help chess betting on the Esports World Cup

The sportsbook provider introduced its improved chess suite. The product contains deep particulars that spotlight numerous facets of aggressive matches.

Information

EugeneZH

EugeneZH


Jul 4
BETBY to support chess betting at the Esports World Cup

Betting

Esports betting on PointsBet

PointsBet is a bookmaker listed on the Australian Securities Alternate (ASX) with operations in Australia and Canada. Its cloud-based platform lets customers wager on sports activities, racing, and iGaming merchandise. The platform has a devoted esports betting part as effectively, which incorporates tournaments such because the aforementioned EWC 2025 for Dota 2 and MSI 2025 for League of Legends.

It additionally options Counter-Strike 2 (CS2) esports betting by Thunderpick World Championship 2025: South American Sequence 2, United21 Season 34, and European Professional League Season 26. One other Dota 2 esports betting alternative pertains to CCT Sequence Season 2 Sequence 2.

Esports betting income anticipated to hit near $3 billion in 2025

Esports betting has been making loopy numbers over the previous few years with many consultants anticipating it to proceed skyrocketing.

Information

Bryson Maddock

Bryson Maddock


Jul 7
Esports betting revenue expected to hit close to $3 billion in 2025

Betting

That’s all for now. Stick round for extra iGaming and esports betting information and updates.



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Tags: approvedBettingDealEsportsExpandsMarketOntarioPointsBet
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