Pointsbet Holdings Ltd traded at 0.90 this Friday February 6th. Looking back, over the last four weeks, Pointsbet Holdings lost 1.64 percent. Over the last 12 months, its price rose by 10.43 percent. Looking ahead, we forecast Pointsbet Holdings Ltd to be priced at 0.91 by the end of this quarter and at 0.86 in one year, according to Trading Economics global macro models projections and analysts expectations.
Pointsbet Holdings Limited is an Australia-based corporate bookmaker with operations in Australia and Canada. The Company has developed a cloud-based wagering platform through which it offers its clients advanced sports and racing wagering products, and iGaming. The Company’s segments include Australian Trading, Canadian Trading, Technology, and Corporate. The Australian Trading segment provides online sports and online fixed odds racing betting services to Australian customers. The Canadian trading segment offers sports betting and iGaming services provided to Canadian customers. The Technology segment derives its internal revenue from licensing fees charged to the Australian Trading and Canadian Trading segments. The Technology segment offers external B2B services. The Company’s product includes Fixed Odds Sports, Fixed Odds Racing, PointsBetting, and iGaming.