Finance

PointsBet Q3 revenue up 716% year on year as Super Bowl acquisitions soar

Operator “comfortable” with CPAs under $500 considering it is still in the early stages of growth and brand recognition in new states

PointsBet reported US net win revenue growth of 716% to A$26.7m ($20.6m) in its fiscal Q3 as active clients jumped from 22,716 to 127,470 between March 2020 and March 2021. In the three months to March 31, New Jersey accounted for 22% of the ASX-listed operator’s overall handle during the quarter, while Illinois made up…

Finance | PointsBet

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