Horse Racing

PointsBet (ASX:PBH) to launch ADW horse race betting service in US

Summarized by: Live Sports Direct
 
PointsBet (ASX:PBH) to launch ADW horse race betting service in US

PointsBet has signed a five-year agreement with 1/ST TECHNOLOGY to deliver advance-deposit wagering (ADW) horse racing betting in the US. 1st is a subsidiary of Premier Turf Club. PointsBet will pay 1-ST an undisclosed portion of ADW revenue. The company plans to launch the ADw solution in early 2023. It will have an online betting presence in over 30 US states.

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