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Is the PointsBet share price still up?

The Pointsbet share price is still up 10% over the last week and it’s up 18% in the past month. According to reporting by the Australian Financial Review, bond investors are betting that there is going to be an economic slowdown in the US (and the world), but interest rates may still need to go up to control inflation.

Who is PointsBet?

Pointsbet Holdings Ltd is a licensed corporate bookmaker with operations in Australia and the United States. PointsBet has developed a scalable cloud-based wagering platform through which it offers its clients sports and racing wagering products. PointsBet's product offering includes Fixed Odds Sports, Fixed Odds Racing, PointsBetting and iGaming.

When did PointsBet split?

Shares of PointsBet split on Monday,July 4th 2022. The 21-20 split was announced on Monday, July 4th 2022. The newly created shares were payable to shareholders after the market closes on Monday, July 4th 2022. An investor that had 100 shares of stock prior to the split would have 105 shares after the split. What is PointsBet's stock symbol?

How much could PointsBet receive from punters in Australia?

At the last count, PointsBet had 231,627 active punters in Australia and generated quarterly turnover of $631.4 million and net win of $47.5 million from them during the first quarter of FY 2023. No details have been provided in respect to how much PointsBet could receive for the business.

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