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Pointsbet Holdings Limited

PointsBet is an ASX listed sports wagering operator and iGaming provider, offering innovative sports and racing betting products and services direct to Clients via its scalable cloud-based technology platform.

Founded in 2015, PointsBet has grown rapidly since launching its innovative sports betting product, PointsBetting, in Australia in February 2017.

By March 2018, PointsBet provided a full product suite in Australia, adding Fixed Odds Racing (September 2017) and Fixed Odds Sports (March 2018) to complement its PointsBetting product.

PointsBet launched operations in the United States in January 2019, and is now operational in Illinois, Michigan, New Jersey, Indiana, Colorado and Iowa, with plans to roll-out operations across the United States as access to other State based sports betting markets open up.

In August 2020, PointsBet announced a transformational five-year media partnership with NBC Universal to become the Official Sports Betting Partner of NBC Sports in the United States. This partnership provides PointsBet with access to leading national and regional television and digital assets, with the largest sports audience of any US media company, accessing over 184 million viewers.

ASX Code
PBH

Sector
Consumer Services

Website
https://pointsbet.com.au/

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US Sport A Sure Bet

Corporate Connect analyst Jennifer Owen examines the potential of PointsBet Holdings as the American sports betting market opens up and the company confirms a five-year media partnership with the largest broadcaster of sports in the US, NBCUniversal.

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