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PointsBet Holdings Limited (PBH.AX)

ASX - ASX Delayed Price. Currency in AUD

Add to watchlist

3.9000

+0.2000

(+5.41%)

At close: 04:10PM AEST

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S
Terrible management.
l
Jason got squashed it hit bottom he lost fortune .
j
The results in the u.s. weren't great this q. kind of expected given the heavy promotions all the operators here have been doing. It got beat up because of that. Then the interest rate panic caused further downside.

I'm still pretty upbeat though. For sports betting their app is my favorite.

They have some key advantages with regards to media and operating partnerships in the u.s. and they are launching their own proprietary online casino system in the back half of the year.

I think it also can't be overlooked that they own the code and the sports book and (soon to be) casino operation. strategically, this opens the company up to a lot of different possibilities including the potential to split the company, their reporting even splits the company this way (maybe foreshadowing?). It also should command a higher multiple because of this hybrid offering.

A lot of the operators (even fanduel for their igaming) will use someone like $gan to run the backend of their service. pointsbet has this all built in which is huge for speed performance and customization which I think will allow them to further differentiate.
Bullish
J
I have 40% of my portfolio into PBTHF (Pointsbet), and 40% spread across $DKNG, $RSI, $GNOG, and $PENN.

Watching todays golf tournament, I am confident these investments are all going to be huge winners 3 years from now on.

My plan is to buy, hold, and average down if possible. I will be retiring early some day!
Bullish
J
They had over 500m of cash on hand last earnings, and valued at under 900m. One of the biggest players in Australia, expanding rapidly in north America and they also hold a NY license. Am I the only one averaging down under $3.50???
Bullish
R
We landed the Chicago Bears today.
https://www.gamingtoday.com/betting_tips/free_picks/article/93189-Chicago_Bears_Announce_Pointsbet_Partnership
Sports Betting: The Chicago Bears and PointsBet today announced a partnership designating PointsBet as the club’s first sports betting sponsor.
Sports Betting: The Chicago Bears and PointsBet today announced a partnership designating PointsBet as the club’s first sports betting sponsor.
www.gamingtoday.com
Bullish
S
Barons said most sports betting companies are not going to make it unless they also have games. Think these guys should merge with a zynga or someone like that.
R
NBC Sports and PointsBet will premiere their broadcast production on February 4 at the Waste Management Phoenix open.

https://sportshandle.com/pointsbet-pga-nbc-betting-show/
Bullish
l
Explosiive Australian numbers as they are taking more and more of Australia.
Bullish
t
Doing some DD on this one; I dumped a chunk into this sleeper position as a long play today. I'm seeing $20 by the end of the year and really taking off next football season. This sector will only go up with more states and Canada on board with legalization of sports betting. PointsBet is unique, aggressive and progressive. That paired with the monster contact with NBC, this is a no brainer investment. For the company to wave enough money at NBC to get their attention means they are not messing around. They are going to be one of the big players in the this industry in the next few years.
R
MarkJ, in September Penn exercised its options in PointsBet and currently owns 6.27% of PointsBet.

https://markets.businessinsider.com/news/stocks/is-pointsbet-the-next-sports-betting-acquisition-by-penn-national-1030799449
Bullish
M
Wouldn't this be a good time for Penn Gaming to buy us out right now.. Cheap!
They already own 7 % of the company.
R
PointsBet to be added to the S&P/AUX200 before trading on February 4.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02334024_PS-6A1017039?access_token=83ff96335c2d45a094df02a206a39ff4
Bullish
R
Let's keep our fingers crossed that we receive a NY license.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02449232-3A580568?access_token=83ff96335c2d45a094df02a206a39ff4
t
Anyone have insight where there is no interest in this stock? I was in a state (Iowa) last week where PointsBet App was available and it was far and away the best app available for sports betting in that state. It also had very competitive promotions. That's what sparked my interest in the stock. It's like sports betting on steroids! It has a traditional sports betting section, but also has a money amount per point betting option on events. Amazing idea! Now I see they have a major partnership with NBC/ Kentucky Derby.
Bullish
T
@Rhonda, what are your thoughts on GAN? Thanks in advance.
R
PointsBet opened yesterday its sportsbook at Hawthorne Race Course in Illinois.

https://www.gamingtoday.com/industry/News/article/93305-Hawthorne_PointsBet_open_sportsbook
Industry: Hawthorne Race Course and PointsBet have partnered together to open Illinois’ newest retail sportsbook and the closest in-person sports betting
Industry: Hawthorne Race Course and PointsBet have partnered together to open Illinois’ newest retail sportsbook and the closest in-person sports betting
www.gamingtoday.com
Bullish
t
PointsBet is now "official sports betting partner of the NHL."

The genius part of this > Canada is voting next week to legalize single game sports betting nationwide and most are anticipating it will go through. By far and away #1 sport in Canada is hockey.

Any information out there on PB upgrading to NASDAQ?
R
We won Top Sports Betting Operator in North America.

https://markets.businessinsider.com/news/stocks/pointsbet-wins-top-sports-betting-operator-honors-at-egr-north-america-awards-2021-1030472588
Bullish
R
NHL now has an equity stake.