Login/Register
Octoplay
Octoplay

PointsBet reduces loss as first half revenue grows 15%

26th February 2024 10:47 am GMT
PointsBet

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 [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Related Videos