PointsBet Holdings has posted a lower net loss of AUD$32.7 million for the first half of the 2023/24 fiscal year after reducing marketing expenses by nearly a third.
Total handle from sports betting declined by 4 per cent to $1.59 billion during the period, with a 17 per cent increase in Canadian handle to $118.9 million offset by a 5 per cent fall in Australian handle to $1.47 billion.
With a net win margin of 7.5 per [...]