PointsBet Archives - Legal Sports Report

PointsBet Launches Sports Betting In Colorado But Who’s Next?

PointsBet is now live in the Colorado sports betting market, a state where the brand made a big impact before taking a legal bet. The mobile app is live through an agreement with Double Eagle in Cripple Creek. A retail sportsbook will open at the casino at a later date. The Australian-born sportsbook made a […] Read More

Posted on: November 17, 2020 | | Matthew Waters

PointsBet Details Next Two State Launches After Illinois Push

PointsBet is in the thick of it as a multi-state US sports betting operator. The company saw US handle jump 130% to about $117 million in its fiscal first quarter ending Sept. 30. That didn’t lead to a whole lot of revenue, though, with just more than $2 million for the entire US, according to […] Read More

Posted on: October 28, 2020 | | Matthew Waters

Which US Sportsbook Brand Do People Recognize The Most?

A around 6% of adults in legal sports betting states use, or plan to use, FanDuel and DraftKings, according to a new survey. Read More

Posted on: October 8, 2020 | | Brad Allen

PointsBet Heads To The Market For Cash Raise After NBC Deal

The war chest is significantly fuller for PointsBet after finishing multiple share sales to raise cash. The Australian-listed sports betting operator completed institutional and retail stock offerings to gross a total of A$353.2 million. That’s about $247 million in US dollars, which is a good chunk of change for a company that had about $100 […] Read More

Posted on: September 29, 2020 | | Matthew Waters

From ‘Irreparable Harm’ to Moneymaker: A Brief History of NCAA Sports Betting Policy

Earlier this month, NCAA member institution The University of Colorado announced a five-year agreement with PointsBet, a sports betting operator with soon-to-be headquarters in Denver. “We’re thrilled to have PointsBet as a partner and for the benefits this sponsorship will provide for our student-athletes for years to come,” said Colorado athletics director Rick George in […] Read More

Posted on: September 21, 2020 | | Ryan Rodenberg

The Week In Sports Betting News: PointsBet, Others Launch For NFL Start

Happy Monday, everyone. Sports betting felt like it was truly back this weekend with news of big bets from sportsbooks across the country. The return of betting on NFL games should advance the strong rebound that states started to report in August. The start of the NFL season has led to some interesting alternative betting […] Read More

Posted on: September 14, 2020 | | Matthew Waters

PointsBet Launches Sports Betting App In Illinois

PointsBet is finally live in Illinois with just one day to spare before the first full slate of NFL games. Read More

Posted on: September 12, 2020 | | Matthew Waters

Colleges Can Now Sign Sports Betting Deals? University Of Colorado Partners With PointsBet

The deals keep coming for Australian-born PointsBet. A deal with the University of Colorado is the first of its kind for US sports betting. Read More

Posted on: September 8, 2020 | | Matthew Waters

PointsBet Closing In On Mobile Illinois Sports Betting Launch

The US CEO of PointsBet has been a very busy man the past few weeks. First, Johnny Aitken helped the Australian-listed sports betting operator land its first mega-media sponsorship with NBCUniversal. Now, he’s on the ground in Chicago as PointsBet prepares to launch sports betting in Illinois. That launch will be the fourth state for […] Read More

Posted on: September 3, 2020 | | Matthew Waters