PointsBet Alternative: Fanatics Bought the US Business

PointsBet Alternative: Why There Isn’t Really One Choice

A PointsBet alternative isn’t optional the way it is for most brands on this list — PointsBet sold its entire US sportsbook, iGaming, and retail betting business to Fanatics Betting and Gaming in a deal that closed state by state through April 2024, and it has not taken a US signup since. Every account converted automatically to Fanatics, which makes Fanatics less a competitor to switch to and more the direct successor already holding the licence.

Most "brand alternative" searches are about finding a competitor that covers a state the original book doesn’t. A PointsBet alternative search is different, because there is no PointsBet sportsbook left in the US to be missing from your state in the first place. PointsBet sold the whole thing — sportsbook, iGaming, retail sportsbooks, and the Banach Technology platform underneath all of it — to Fanatics Betting and Gaming in a deal that closed state by state and finished in Illinois in April 2024. It hasn’t taken a US signup since.

The Real Answer: Fanatics Already Has Your Account

Before treating this like a normal competitor comparison, check one thing: does a Fanatics Sportsbook account already exist under the same login that used to open PointsBet? For most US users the answer is yes. Fanatics paid $225 million for PointsBet’s entire US operation, licensed the underlying platform, and converted existing accounts automatically as the deal closed. That makes Fanatics less an alternative to switch to and more the operator that already inherited the business.

The short version: PointsBet didn’t collapse or lose a licence. It sold its US business to Fanatics for $225 million, and every US account moved over automatically. Fanatics is the direct successor, not just a competitor.

If You Want Wider State Coverage Instead

Some readers aren’t chasing a specific old account — they just want a licensed US sportsbook and PointsBet came up in a search from the years it still operated domestically. For that, two operators reach further than PointsBet’s old footprint ever did:

DraftKings — roughly 27 states plus Washington D.C. as of September 2026. Boston-based, founded 2012.
FanDuel — 24 states plus D.C., headquartered in New York.

PointsBet, at its peak before the sale, operated in roughly a dozen US states. Both DraftKings and FanDuel already covered more ground than that while PointsBet was still active, which was part of why the exit made financial sense for the smaller operator.

None of This Is an Offshore Downgrade

Fanatics — direct successor, same platform, existing accounts transferred

DraftKings — widest US state coverage

FanDuel — second-widest US state coverage

Fanatics, DraftKings, and FanDuel are all state-licensed US operators, the same regulatory category PointsBet’s US arm used to occupy. Picking one of them over a search for “PointsBet” isn’t trading a licensed book for an unlicensed one — it’s finding the operator that actually still exists in the US market.

PointsBet Still Exists — Just Not Here

None of this means PointsBet shut down. It remains a real, publicly traded operator (ASX: PBH) in Australia, its largest market by revenue, and in Canada, where it has held an Ontario licence since April 2022 and later expanded into Alberta. Tokyo-based MIXI, Inc. took a controlling 66.43% stake in September 2025. A US reader can’t use either market as a workaround, though — both are geo-restricted to their licensed jurisdictions.

Whichever operator you land on, confirm the licence and state availability directly before signing up, and treat any of it as entertainment spending, never income. 21+ where legal. 1-800-GAMBLER.

PointsBet alternative — Frequently Asked Questions

What is the best PointsBet alternative in the US?

Fanatics Sportsbook, if the goal is picking up where PointsBet left off — it bought PointsBet’s entire US sportsbook, iGaming, and retail business in a deal that closed in April 2024, and every US PointsBet account converted automatically into a Fanatics account on the same underlying platform. DraftKings and FanDuel are the better picks for anyone who just wants the widest state coverage, since both cover more ground than PointsBet’s old US footprint ever did.

Is PointsBet still available anywhere in the US?

No. PointsBet sold its entire US sportsbook, iGaming, and retail betting business to Fanatics Betting and Gaming, with the sale closing state by state and finishing in Illinois in April 2024. There is no PointsBet product left to sign up for in any US state.

Do I need a PointsBet alternative if I still have an old account?

Probably not — check Fanatics Sportsbook before assuming the account is gone. Fanatics licensed PointsBet’s Banach Technology platform as part of the acquisition and converted existing US accounts automatically, so a login that stopped working on the PointsBet app may already exist under Fanatics.

Is Fanatics Sportsbook as good as PointsBet was?

Fanatics is the same underlying technology PointsBet built, now under different ownership and roughly 20 states as of the 2024 rollout — a wider US footprint than PointsBet had reached on its own. It doesn’t carry over PointsBet’s distinctive spread-style "PointsBetting" wager by name, but the account, balance, and betting history transferred directly.

What sportsbook covers the most states as a PointsBet replacement?

DraftKings, at roughly 27 states plus Washington D.C. as of September 2026, followed by FanDuel at 24 states plus D.C. Both are US-licensed, state-by-state operators, well beyond the dozen or so states PointsBet reached before selling its US business in 2024.

Can I still bet with PointsBet from Canada or Australia?

Yes — PointsBet only exited the US. It remains licensed and operating in Australia, its largest market by revenue, and in Canada, where it has held an Ontario licence since April 2022 and has since expanded into Alberta. Neither of those markets accepts US-based players, so they aren’t a workaround for a US reader.