PointsBet is an Australian stock exchange-listed corporate gambling operator. Over the years, the company has managed to become a force to reckon with in the gaming sector. As it stands, has ventured into the gambling markets in Australia, the United States, Canada, and Ireland.
In all these markets, it is best known for its scalable cloud-based wagering infrastructure. With this, it has been able to offer unique sports and racing wagering products, as well as online casino services to its customers.
As part of its ambitious growth plans, the company has made some notable strides this month.
Online Casino Launch in Pennsylvania
The Pennsylvania Gaming Control Board granted PointsBet’s wholly-owned subsidiary PointsBet Pennsylvania a sports betting and interactive gaming license in January. In February, the business launched its mobile app and digital sports betting offering in the state.
Now, the company is following that up with the launch of an online casino product that will compete alongside other iGaming platforms in the state. This iGaming platform kicked off operations on Wednesday and went through a two-day soft launch period before it got the gaming regulator’s green light to proceed with full online casino operations.
Entry Into Ontario’s Online Sports Betting Market
PointsBet Canada, the subsidiary of PointsBet, has also recently inked a lucrative partnership with Maple Leaf Sports & Entertainment (MLSE), a Canadian professional sports and real estate company. As per the terms of this partnership agreement, PointsBet will now be MLSE’s official sports betting partner. It will also act as the official sports betting partner of the company’s professional sports teams.
This was a great move on the part of PointsBet. The news of the new partnership came shortly after Ontario, a market the company is interested in, legalized internet gambling a little over a week ago. Unsurprisingly, PointsBet was one of the first companies in the province to go live.
“The opportunity to customize our product for the Canadian sports fan is something that we are taking extraordinarily seriously. And the partnerships we have struck so far speak to that focus. It is about building that authentically Canadian brand…and then being able to provide a platform to really pioneer new ways for Canadian sports fans to bet.”Nic Sulsky, Chief Commercial Officer for PointsBet Canada
Ontario is an incredibly massive market and it will be very competitive. Other operators that are now offering their services in the Canadian province include FanDuel, PointsBet, Bet365, Rivalry, theScore, and Rush Street Interactive. The best thing about this is that bettors now have more choices than ever.