Pennsylvania Sports Betting has both DraftKings and Pennsylvania available to use. Fanatics is still in its beta stage and has not applied to operate in Pennsylvania. If the Fanatics sale were to continue, it would have allowed them to use the PointsBet license to operate in Pennsylvania Online Sports Betting.
The DraftKings offer of $195 million is $45 million more than the Fanatics offer of $150 million. If the offer is as it seems on paper, accepting the DraftKings offer is a no-brainer. The offer is a 30% increase in the cash value.
However, what remains to be seen is all of the terms and such inside the offer, as it appears that would be the only hurdle to PointsBet taking a more lucrative offer.