PointsBet hails “strong performance” in Australia during lockdown

Operator attributes profit growth to retail betting shutdown and product enhancements

PointsBet has hailed the “strong performance” of its Australian business which recorded $12.1m (£6.5m) in profit between April 1 and May 25, despite the Covid-19 disruption. In a statement, the firm said its performance was down to a shift to online as retail venues remained closed, as well as increased racing turnover as racing continued…

Australia | Finance | PointsBet