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PointsBet posts full year loss of $276.3 million

4th September 2023 9:36 am GMT
PointsBet

PointsBet Holdings has posted a consolidated net loss of AUD$276.3 million for the financial year ended 30 June, despite seeing net win climb 26 per cent to $391.1 million.

Across all regions, total sports betting net win rose by 16 per cent to $335.8 million during the year, while iGaming net win soared 172 per cent to $55.3 million.

PointsBet benefited from solid trading results from its US business, which was recently sold to Fanatics, with sports [...]

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