PointsBet Holdings
(ASX:PBH) wholly owned subsidiary, PointsBet USA Inc. and Penn National Gaming Inc. have entered into an agreement for digital sports betting and gaming services in the United States.
Under the terms of the Online Gaming Services Framework Agreement, Penn National Gaming has granted PointsBet the right to develop, own, market and operate, under the authority of their operating licenses, along with PointsBet branded online sportsbook and gaming operations in Ohio, Indiana, Missouri, West Virginia and Louisiana.
PointsBet Chief Executive Officer, Sam Swanell says they are delighted to partner with such a forward thinking and innovative organisation.
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(ASX:PBH) closed 2.69 per cent lower at $2.90 yesterday.
