Business
Here’s why the PointsBet (ASX:PBH) share price is surging 6% higher
The PointsBet Holdings Ltd (ASX: PBH) share price is surging higher on Wednesday morning.
At the time of writing, the sports betting company’s shares are up 6% to $16.84.
Why is the PointsBet share price surging higher?
Investors have been buying PointsBet shares following the announcement of another major agreement.
According to the release, PointsBet has signed a multi-year strategic partnership with the National Hockey League (NHL). This partnership sees the NHL name PointsBet as an “Official Sports Betting Partner.”
The agreement between the two companies spans across both the United States and Australia. As part of the partnership, PointsBet receives rights to use NHL marks and logos, as well as a variety of NHL…
-
Noosa News23 hours agoParkyn this, Parkyn that | Noosa Today
-
Noosa News21 hours agoDog daycare program a TikTok hit for helping disabled find work, friends
-
Noosa News23 hours agoR Tee in the running to be top dog
-
Noosa News21 hours agoAdvocates highlight sexual violence against older people, with Queensland elder abuse inquiry underway