PointsBet posts 16% first-half revenue decline as Australian betting weakens




PointsBet reported a 16% decline in first-half revenue as weaker sports betting results in Australia weighed on group performance, while the company continued to expand its Canadian operations.
Revenue for the six months ended Sept. 30 fell to A$112.7 million ($78.5 million) from A$134.9 million a year earlier. Normalised EBITDA swung to a loss of A$6.9 million ($4.8 million) from a profit of A$2.9…



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