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BlueBet reports strong growth ahead of US sports betting launch

29th April 2022 10:34 am GMT
BlueBet

Sydney-listed online sports betting operator BlueBet Holdings has reported a 63.4 per cent increase in gross win for its financial third quarter ended March 31.

Total wagering with the operator increased by 44.5 per cent year-on-year to AUD$120.7m (€81.5m), with gross win climbing 63.4 per cent to $17.0m (€11.5m).

After allowing for free bets and promotions, net win for the period amounted to $13.2m (€8.9m), an increase of 55.1 per cent year-on-year, with a net win margin [...]

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