Australia-based sports betting operator PointsBet has launched in West Virginia after being approved by the state’s Lottery Commission.
The state marks the seventh into which the operator has launched its sports betting product, following New Jersey, Iowa, Indiana, Colorado and Michigan. PointsBet also operates igaming in New Jersey and Michigan.
The operator gained access to the state via an agreement with Penn National Gaming in July 2019, and plans to launch its proprietary online casino product there by the end of 2021.
“Launching in West Virgiina represents further progress for PointsBet and presents another tremendous opportunity we are excited to attack,” said Johnny Aitken, chief executive of PointsBet USA.
“As always, PointsBet will provide this passionate, sports-loving community with a fast and reliable online sports betting product across every customer touchpoint.
“We are thrilled to now introduce West Virginian sports bettors to the competitive advantages PointsBet possesses in owning our technology end-to-end, such as our speed and ease of use as well as a deep slate of betting opertions for ever NFL, NBA, MLB, WNBA and PGA Tour contest.”
PointsBet reported a 153.9% year-on-year revenue increase in its results for the 2020-21 financial year, ended 30 June.
Revenue came to AUD$210.1m ($155.0m/£111.8m/€131.4m), a rise of AUD$128m compared to the operator’s revenue in its full year 2020 results.