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PointsBet Holdings Limited (ASX: PBH) is a corporate bookmaker based out of Darwin with operations in both Australia and the U.S. PointsBet has developed a scalable cloud-based wagering platform through which it offers its clients innovative sports and race wagering products.
The S&P/ASX 200 (ASX: XJO) traded sharply lower on Friday morning as the Australian share market braced for a day of volatility following a sharp sell-off overnight. Pointsbet Holdings Ltd (ASX:PBH), UNIBALWEST (ASX:URW) and Virgin Australia (ASX:VAH) were making headlines.
Shares of online bookmaker Pointsbet Holdings Ltd (ASX: PBH) entered a trading halt last night as the company prepares to raise fresh equity to further grow its online business.