Does the US business sale make Pointsbet shares dirt cheap?

PointsBet will recommend shareholders agree to sell the ASX-listed wagering group's business in the United States to Fanatics after the

PointsBet reported a total betting handle of $388 million in Q1, down from $402 million in Q1 FY2023 The decline comes as PointsBet sold its

pointsbet sportsbook tennessee PointsBet could sell Australian arm after sale of US 12:51PMMay 15, 2023 Updated 4:19PMMay 15, 2023 PointsBet's Australian arm remains in play

pointsbet horse racing PointsBet shareholders have unanimously agreed to a $225m sale of the US assets of the business to Fanatics