Login/Register
Red Tiger
Red Tiger
Pariplay
BigTimeGaming

PointsBet to raise AUD$122.1m as first quarter turnover soars

29th October 2019 9:08 am GMT
PointsBet

Sydney-listed sportsbook operator PointsBet Holdings is looking to raise AUD$122.1m through a new capital raising initiative.

PointsBet will undertake a fully underwritten placement of new ordinary shares to raise $60m at $3.60 per share, representing a 14 per cent discount on the company’s closing share price of $4.18 on Monday (Oct. 28).

Eligible shareholders will also be offered one new share for each six shares currently held at an offer price of $3.20 per share to raise $62.1m, [...]

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

Pragmatic Play
Skywind
Greentube
EveryMatrix
Hot 50
Playtech
BigTimeGaming