The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • PointsBet Holdings (PBH) launches an online casino in Pennsylvania following authorisation from the Pennsylvania Gaming Control Board (PGCB)
  • In accordance with PGCB requirements, PointsBet will operate in a soft launch environment for two days before launching full operations in the Quaker state
  • Pennsylvania marks the fifth North American state in which PointsBet offers its proprietary iGaming platform
  • PBH shares up 1.31 per cent to $3.10

Corporate bookmaker PointsBet Holdings (PBH) has launched an online casino in Pennsylvania following authorisation from the Pennsylvania Gaming Control Board (PGCB) for a soft launch in the US state.

The online casino product via wholly-owned subsidiary PointsBet Pennsylvania comes after the company’s launches in other US states including Michigan, New Jersey and West Virginia and Ontario in Canada.

Pennsylvania marked the fifth North American state in which PointsBet offers its proprietary iGaming platform.

President of Product and Technology Manjit Gombra Singh said the company was “proud to be able to tap into this momentum” and introduce the product in Pennsylvania.

“We’re quickly scaling our online casino business and looking forward to expanding and refining our suite of products throughout the year to deliver more options for our users in PointsBet online casinos,” he said.

In accordance with PGCB requirements, PointsBet will operate in a soft launch
environment for two days before launching full online casino operations in the Quaker state.

As well as the US, PointsBet has operations in Australia, Canada and Ireland.

PBH shares were up 1.31 per cent to $3.10 at 12:01 pm AEST.

PBH by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX200 takes a slide into the weekend

The ASX200 shed 0.85% today – with every sector – except materials, losing ground. IT stocks…
The Market Online Video

Market Update: ASX dips with only materials afloat

The ASX is down nearly half a per cent - on par with future's predictions -…
The Market Online Video

Market Update: ASX accelerates ahead of future forecasts

The ASX200 delivered a sweet surprise this morning, surging 1.7 per cent to deliver growth far in excess of future’s predictions.

Encounter pulls a rabbit out of the hat chasing copper at Sandover

Encounter Resources Ltd has found high grade copper through drilling at its Sandover project in the…