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PointsBet records 153.9% revenue growth in FY2021


Australia-based online bookmaker PointsBet has 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 (£111.4m/€131.0m), a rise of $128m compared to the operator’s revenue in its full year 2020 results. PointsBet’s total net win from gaming, however, was reported as $208.5m.

PointsBet noted that this discrepancy was related to its Banach Technology acquisition in April this year, as this brought in around $1.5m in B2B revenue.

Read the full story on iGaming Business.