PointsBet revenue falls 16% amid H1 Australian decline

Growth in PointsBet's Canada-facing iGaming business failed to offset a decline in sports betting revenue PointsBet has confirmed a 16% year-on-year decline in revenue for the first half of its 2027 financial year amid lower turnover and net win in its Australian sports betting business. Revenue for the six months to 30 September amounted to A$112.7m, down from $134.9m in the previous year. Normalised EBITDA also slipped from $2.9m to a loss of $6.9m, in line with figures previewed earlier this month . Net win – stakes received minus winnings paid out – was also 17% lower year-on-year at $122.1m.