PointsBet on the fast track to US with new deal
The Stronarch Group's 1/ST and PointsBet's Premier Turf Club will develop a new horse racing betting product for the US market. The app will be integrated within the Pointsbet sports book app. It will launch in early 2023. Points Bet will have the licence to operate horse betting in 31 states. The group hopes to grow its sports betting to 14 states, having applied for licenses in Maryland and Ohio. US horse race is expected to generate $3 billion in yearly gross revenue by 2026. New Jersey will not feature horse races next year.
