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PointsBet shares dip as first half loss widens to AUD$178.2m

28th February 2023 10:12 am GMT
PointsBet

Sydney-listed betting and gaming operator PointsBet has reported a 24 per cent increase in net win to $182.2m for the financial first half period ended 31 December 2022, although higher expenses widened the company’s loss for the period.

Sports betting turnover increased by 40 per cent to $3.23bn, with the US taking over as PointsBet’s biggest market at $1.57bn, an increase of 66 per cent year-on-year. Australian sports betting turnover increased by 14 per cent to [...]

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