Australia's PointsBet slips for fourth session on weak first-half outlook
13/10/2026 05:58
BUZZ-Australia's PointsBet slips for fourth session on weak first-half outlook ** Shares of PointsBet Holdings PBH.AX fall 3% to A$0.805, on track for a fourth consecutive session of losses
** The Australian wagering company expects first-half FY27 normalised operating loss of A$6 million-A$8 million ($4.18 million-$5.57 million), versus a loss of A$3.3 million last year
** Sees first-half FY27 revenue of about A$113 million, down 16% year-on-year
** Stock down 8.8%, YTD, including the session's losses
($1 = 1.4366 Australian dollars)
(Reporting by Swetha Lakshmi in Bengaluru)
Recent news on PointsBet Holdings
See all newsAustralia's PointsBet slips for fourth session on weak first-half outlook
Brief: PointsBet Expects H1 FY27 Group Revenue Of About A$113 Million
Brief: Pointsbet Says 9-Month Net Loss Attributable To 31 March 2026 Widens 47% From 12-Mnths Ended 31 June 2025 To A$26.6 Million
Australia cracks down on gambling advertising, bans celebrity promotions (updated)
Australia PM Albanese announces crackdown on gambling advertising