Online bookmaker Pointsbet tops ASX 200 on strong Q3, outlook

PointsBet Holdings

29/04/2022 02:43

** Australia's Pointsbet Holdings  PBH.AX  rises as much as
14.8% to A$3.11
    ** Stock set for best day since March 3, if gains hold
    ** PBH top gainer in the ASX 200 benchmark index  .AXJO 
    ** Co says https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02515487-3A592542?access_token=83ff96335c2d45a094df02a206a39ff4
 Q3 sports-betting turnover jumped 54% to A$1.40 bln ($997.08
mln)
    ** Says its continues to expect Australian trading business
to be EBITDA positive for FY22; Australia turnover up 37% to
A$579.4 mln
    ** PBH hits a one-week high; down 61.6% so far this year, as
of last close

($1 = 1.4041 Australian dollars)

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))