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PointsBet makes successful ASX debut

18th June 2019 7:07 am GMT

Australian sports betting operator PointsBet got off to a strong start as a publicly listed business, with its shares closing 12.7 per cent higher on their debut Monday.

The initial public offering was comprised of 37.5m shares at an offer price of AUD$2.00 per share, with the proceeds from the IPO to be used to finance expansion in evolving markets.

PointsBet has operated in Australia since 2017 and entered the US market [...]

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