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Business
February 28, 2024
Fanatics Enters Indiana, Migrates Former PointsBet Customers
Fanatics Betting and Gaming has launched its Fanatics Sportsbook in Indiana, in line with its ongoing US expansion. Sports fans in The Hoosier State can now download the official Fanatics app and see what the fuss is all about. Fanatics’ sports betting app is available both on Android and iOS devices, allowing local players and […]
Business
February 26, 2024
PointsBet Posts H1 Results, Records Sharp Net Loss Decrease
PointsBet, which recently posted its Q2 results, has officially posted its H1 results, reporting a significant net loss decrease. The improved results were attributed to the recent sale of PointsBet’s US business to Fanatics Betting and Gaming. As PointsBet continued its business in Australia and Canada, it recorded statutory revenue of AUD 117.9 million ($77.2 […]
Business
February 26, 2024
PointsBet to Welcome Lucas as CTO, Part Ways with Bowskill
PointsBet, a major sports betting operator, has enhanced its tech team with the addition of Daniel Lucas as chief technology officer. As someone who has previously served Flutter Entertainment, the new appointee will be a valuable addition to the PointsBet C-suite. PointsBet described Lucas as a seasoned veteran with years of experience and an impressive […]
Business
January 31, 2024
PointsBet Posts Record-Breaking Q2 Results in Australia and Canada
PointsBet has published its Q2 report, posting record net win in both Australia and Canada. The company’s sports betting activities continued to underpin the results as both handle and net win increased. However, the biggest growth was recorded by PointsBet’s iGaming vertical. Taking a look at how PointsBet performed in Australia, the company posted a […]
Business
December 20, 2023
PointsBet to Transition to New Group CFO Next Year
The globally-recognizable betting operator, PointsBet, announced its plans to transition to a new group chief financial officer (CFO). This week, the company confirmed that its current group CFO, Andrew Mellor, will be replaced next year. To succeed the outgoing group CFO, PointsBet selected Alister Lui, who currently holds the role of chief financial officer (Australia) […]
Legal
November 10, 2023
PointsBet Hit With $110K Fine by AGCO over Alleged Breaches
Currently, there are strict rules when it comes to regulating gambling in Ontario, Canada. The province’s gambling regulator, the Alcohol and Gaming Commission of Ontario (AGCO), constantly monitors the sector to ensure that licensed operators adhere to the established rules. Ultimately, established regulations in the province seek to safeguard the consumers from excessive gambling, prevent […]
Sports
November 2, 2023
PointsBet’s New York Platform Faces Glitch in In-State College Bets
PointsBet’s New York platform, now called PointsBet, a Fanatics Experience, mistakenly allowed Empire State residents to place bets on in-state college teams, a violation of state law. The error occurred during a game between the Syracuse Orange and the Virginia Tech Hokies, as well as the Army vs. UMass match, both involving New York-based teams. […]
Casino
October 30, 2023
PointsBet Canada Welcomes Brooke Hilton as Head of Casino
In a strategic move aimed at enhancing its casino offerings and driving profitability by fiscal year 2025, PointsBet Canada has appointed Brooke Hilton as its new Head of Casino. Hilton, a seasoned professional with over a decade of experience in the North American regulated iGaming industry, brings a wealth of expertise to her new role. […]
Business
October 25, 2023
PointsBet Reports Slight Dip In Turnover Post US Assets Sale
The leading betting and iGaming company with a strong presence across Australia and North America, PointsBet, released its Q1 FY24 activities report, sharing insights regarding its performance for the latest trading period. The company released its report Wednesday, revealing that its total sports betting handle halted at AU$611.0 million ($387.5 million) for Q1 FY24. This […]
Industry
October 4, 2023
NY Regulator Approves Fanatics as the Successor of PointsBet’s License
Earlier this year, Fanatics Betting and Gaming acquired PointsBet’s US assets as the latter company announced its exit from America. The latter company sold its US-facing business for $225 million, which it plans to use to fatten up its cash reserves and pay millions in capital returns to shareholders. In the meantime, Fanatics secured a […]
