Finance

PointsBet records third consecutive quarter of positive revenue in US

Active users in US dropped slightly during Covid-19 lockdown despite group-wide growth

Despite PointsBet's US business experiencing a 13% annual drop in turnover in Q2, net revenue (minus bonuses) was positive for the third consecutive quarter at $861,875. Despite the lack of professional sports in US during the period, PointsBet said it kept bettors engaged on lower tier sports after having reduced marketing spend. While active users across…

Australia | Finance | finance | PointsBet

Latest