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PointsBet reports A$26.6m loss for nine months to March

Deals & M&A

PointsBet reported a statutory loss of A$26.6 million for the nine months ended 31 March, compared with an A$18.2 million loss in the previous full year. Group revenue was A$186.6 million; Australian revenue fell 4% to A$152 million, while Canadian revenue rose 13% to A$34.6 million.

Investors can assess PointsBet’s weaker Australian revenue against growth in Canada and its reported loss.

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