PointsBet Sportsbook Review - Latest News: App Launched in IA
One of the newest companies on the sports betting scene, PointsBet.com is bursting into the US regulated market. The Australian-based firm is widely considered a capable competitor to both Draftkings and FanDuel by offering unique wagering options and accommodating recreational and high stakes gamblers alike. The company first entered the US market via New Jersey and has since set up shop in Iowa (a la Catfish Bend Casino in Burlington. It will be opening an office in Denver and has formed a partnership with one of Colorado's casinos in the event sports betting is legalized there. Voters will decide in November. Contact us here to have your company news featured on Gambling911.com today
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Pointsbet Launches App in Iowa
(December 2, 2019) - Australia’s Pointsbet launched its retail sportsbook in Iowa last August at Catfish Casino and this week introduces its new app to the state following approval by the Racing and Gaming Commission in Iowa (IRGC).
Online sports gambling has reported revenues worth $5.1 million and handled about $51.4 million.
Anyone can bet sports while in the state regardless of whether a resident or not. The one drawback is that everyone must first register on-site for the next two years as remote registration is currently prohibited. Betting on state team in-play props is also not permitted.
PointsBet Appoints Former Nevada Gaming Control Chair to its Board
Australian and US sportsbook operator PointsBet Holdings has strengthened its board with the addition of Becky Harris as a non-executive director with immediate effect.
“I am delighted to welcome Becky to the board,” said PointsBet chairman Brett Paton. “Her expertise and strong knowledge of the evolving US sports betting landscape will provide great benefit to the company.
“I could not think of a better set of skills to assist the board as we execute our strategy. I congratulate Becky on her appointment and look forward to her contribution.”
PointsBet Exec on PA Tax Rate: "It Sucks"
PointsBet has opted not to enter the Pennsylvania sports betting market. At issue, the insane 36% tax rate that has made it all but impossible to make money in the market. To date, only a handful of operators have set up shop here. The number of mobile platforms available are limited in what should be a massive market.
Pointsbet exec Seth Young on PA high sports betting tax rate: “It sucks.” Fellow panelists here at NYC Sports Betting Investor Summit don’t disagree #sportsbiz
— John Brennan (@BergenBrennan) November 4, 2019
PointsBet Realizes 254% Growth
(October 25, 2019) - CEO Sam Swanell outlined mobile sportsbook launches in Iowa by the end of 2019 and in Indiana by the end of the NFL season at the company’s annual meeting this week.
The company has enjoyed success in New Jersey, though they have pretty much had to chase after the crumbs from the 30% of the legal sports betting market not cornered by the FanDuel/Draftkings tag team.
PointsBet hopes to gain a bigger piece of the pie in the midwest states of Iowa, Illinois and Indiana.
LegalSportsReport noted that PointsBet commanded 5.4% of New Jersey’s $213 million in online handle in June, an amount more than double the 2.2% share of online handle from its first full month in February.
Customers grew 254% to 123,180 for global operations in June compared to the prior year. Of that total, 80,008 were active clients that placed a bet within the last 12 months.
In Iowa, PointsBet is tied in with Catfish Bend and hopes to have its app up quite possibly in the next few days.
Wine and Wagers 101: Celebrating Chiefs Upset Loss
New to Sports Betting? The pros at PointsBet SPORTSBOOK at Catfish Bend Casino will show you how. It's fun and easy! Click the ad to learn more and visit them online here: https://t.co/HgAFM8fUeg . pic.twitter.com/KVQt9KiiAX
— Pen City Current (@pencitycurrent) October 6, 2019
Two giant money-line parlays going today @PointsBetUSA:
— David Payne Purdum (@DavidPurdum) October 6, 2019
• $285,000 money-line parlay on Chiefs and Bears (-145)
• $180,000 moneyline parlay on Chiefs and Ravens (-122)
Sportsbook @PointsBetUSA took a $20,000 money-line parlay on the Patriots and Eagles. Bet would win a net $4,800.
— David Payne Purdum (@DavidPurdum) October 6, 2019
Pointsbet: Avalanche of Money on Yankees
(October 4, 2019) -
Per @PointsBetUSA's trading team on #ALDS MIN-NYY: "Avalanche of money on the Yankees. 83% of moneyline tickets, 81% of moneyline handle. Even more drastic split on the runline: 88% of tickets, 95% of money, at almost equal volume." @Covers
— Patrick Everson (@Covers_Vegas) October 4, 2019
Bulls Season Win Total Increases
Odds available to all courtesy of AmericasBookie (accessible to most sports bettors in North America and beyond):
Bulls win total jumped at Caesar's the last few weeks, it's up to 34.5. PointsBet and FD are at 32.5, DK is most conservative at 31.5. Westgate in the middle at 33.5.
— Hardwood Paroxysm (@HPbasketball) October 2, 2019
Dissecting the Titans-Jaguars Game
|| Behind The Lines || Week 3@VSiNLive Weekend Host @mlombardiNFL joins @erinkatedolan to dissect the Titans-Jags game. pic.twitter.com/GxdIhC0RlQ
— PointsBet Sportsbook (@PointsBetUSA) September 19, 2019
PointsBet and BetMakers Launch Racing Channel
(September 17, 2019) -
PointsBet and BetMakers $BET launch racing channel ✔︎
— Jane Morgan Management (@JMM_Australia) September 18, 2019
Article by @HeraldMarket
https://t.co/O6mfUv1jb9#JMM #Tech #RacingData
- PointsBet and BetMakers has dually launched an international racing channel
- Up to 2000 races will be streamed each week
- PointBets' shares are up 0.96 per cent, currently sitting at $3.17 apiece
- Shares in BetMakers are up 15.49 per cent to sit at $0.082 each
Proposition DD Sports Betting Question Will Appear on Colorado Ballot in November
(September 17, 2019) - Australian-owned Pointsbet has already inked a deal to offer retail and mobile sports betting at Cripple Creek and voters will decide the fate of gambling expansion in the state of Colorado, more specifically sports wagering. Pointsbet has announced it is in the process of opening an office in Denver. It’s not a done deal. Read More Here
Spending a Day With PointsBet With Opening of NFL 2019 Season
Piece for some on my TL they’ll enjoy $1 million loss, changing odds: spending a game day with PointsBet on NFL opening Sunday https://t.co/2d6IOpCxJb
— NFL Bettor (@NFL_Bettor) September 12, 2019
PointsBet Cost of US Entry Revealed
(August 30, 2019) - Revenue numbers for US regulated PointsBet have been stellar across the board as the wagering firm enters a new market by way of Iowa. The relative newcomer to the industry, with its roots in Australia, reported revenue ahead by 173% to AUD$25.6m. Strong top line growth was driven, said the firm, by a 254% increase in registered clients to 123,180, a 244% lift in betting turnover to AUD$567m, and a 174% jump in its net win to AUD$28.2m. The cost of entry presents a less rosy picture, however. Find Out Why Here
Can't Access PointsBet From PA
(Jully 12, 2019) - Plenty of folks betting sports in New Jersey crossing into the state of Pennsylvania will be happy to know they can still engage in the activity, just not with PointsBet. That company has opted not to offer its unique wagering platform in the Keystone State.
- Mary Montgomery, Gambling911.com
