PointsBet (ASX:PBH) launches online casino in Pennsylvania

The Market Herald
 
PointsBet (ASX:PBH) launches online casino in Pennsylvania
Super Slots

Corporate bookmaker PointsBet Holdings (PBH) has launched an online casino in Pennsylvania following authorisation from the Pennsylvania Gaming Control Board (PGCB) for a soft launch in the US state.

The online casino product via wholly-owned subsidiary PointsBet Pennsylvania comes after the company’s launches in other US states including Michigan, New Jersey and West Virginia and Ontario in Canada.

Pennsylvania marked the fifth North American state in which PointsBet offers its proprietary iGaming platform.

President of Product and Technology Manjit Gombra Singh said the company was “proud to be able to tap into this momentum” and introduce the product in Pennsylvania.

“We’re quickly scaling our online casino business and looking forward to expanding and refining our suite of products throughout the year to deliver more options for our users in PointsBet online casinos,” he said.

In accordance with PGCB requirements, PointsBet will operate in a soft launch
environment for two days before launching full online casino operations in the Quaker state.

As well as the US, PointsBet has operations in Australia, Canada and Ireland.

PBH shares were up 1.31 per cent to $3.10 at 12:01 pm AEST.