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PointsBet Holdings ( (AU:PBH) ) just unveiled an update.
PointsBet Holdings Limited has undergone significant strategic reshaping over the past year, marked by MIXI, Inc. becoming its controlling shareholder. This partnership is expected to enhance PointsBet’s offerings and leverage the strengths of both organizations, with new directors from MIXI joining the board. The company has focused on refining its operating model, optimizing costs, and strengthening governance, positioning itself for sustainable growth. PointsBet is entering the new financial year with renewed energy and a clear strategy, aiming to deliver value to shareholders and improve customer engagement.
The most recent analyst rating on (AU:PBH) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on PointsBet Holdings stock, see the AU:PBH Stock Forecast page.
More about PointsBet Holdings
PointsBet Holdings Limited operates in the sports betting and iGaming industry, focusing on enhancing its proprietary sportsbook and iGaming platforms to improve customer experience and engagement. The company is committed to optimizing its cost structure and strengthening compliance and risk management practices across its core markets, aiming for sustainable and profitable growth.
Average Trading Volume: 614,111
Technical Sentiment Signal: Sell
Current Market Cap: A$316.3M
For an in-depth examination of PBH stock, go to TipRanks’ Overview page.