When Fanatics, best known for sports trading cards and collectables, closed its deal to buy sports betting software company PointsBet for $225 million (€209 million) a few weeks ago, it elevated the Irish tech company Banach Technology to new heights in the US sports betting industry. Fanatics, which was last valued at over $30 billion, officially closed its acquisition of Australian firm PointsBet in late April in a bid to bolster its nascent online sports betting business. PointsBet had established its EMEA headquarters in Ireland after acquiring Irish betting tech company Banach Technology in 2021 for $43 million. Banach now…
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