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PointsBet (ASX:PBH) launches sports betting operations in Virginia

ASX News, Technology
ASX:PBH      MCAP $159.5M
16 December 2021 09:28 (AEST)
PointsBet (ASX:PBH) - U.S. CEO, Johnny Aitken

Source: Gaming Today

PointsBet (PBH) has launched its online and mobile sports betting operations in Virginia.

The Virginia Lottery issued PointsBet, together with racetrack Colonial Downs – the only licensed gaming company operating and headquartered in Virginia – an official supplier license to offer online sports wagering in Virginia.

“Virginian sports bettors will now have access to PointsBet’s fast online sports betting product with the most betting options, including robust in-play capabilities,” PointsBet USA CEO, Johnny Aitken said.

PointsBet will also utilise its sports betting partner, NBC Sport’s television and digital assets to promote the PointsBet brand in the state of Virginia across its local sports communities.

“Our partnership with NBC Sports has positioned us well as we enter the market,” PointsBet USA CMO Kyle Christensen said.

“Viewers who have become familiar with the PointsBet brand through our odds integrations and expert analysis during television broadcasts can now truly experience what sets PointsBet apart.”

Virginia marks the eighth operational state for PointsBet, following its launches in New Jersey, Iowa, Indiana, Illinois, Colorado, Michigan and West Virginia.

PointsBet shares last traded at $6.83 on December 15.

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