Business
The Pointsbet (ASX:PBH) share price just crashed 8%
Pointsbet Holdings Ltd (ASX: PBH) shares have slumped almost 8% in morning trade. The falling Pointsbet share price has come despite no market sensitive announcements out of the company or significant news regarding the sports betting sector.
Pointsbet peers unchanged
Pointbet’s gambling and sports betting peers have been largely unchanged today with the Tabcorp Holdings Limited (ASX: TAH) share price down just 0.25% and United States-listed bookmaker, Draftkings Inc (NASDAQ: DKNG) closing flat last Friday. This is a far cry from the significant drop seen in the Pointsbet share price this morning.
Sports betting continues to develop in the US
The US sports betting scene continues to develop in favour of bookmakers. States…
-
Noosa News13 hours agoWoman found dead in NSW police station car park feared she was being stalked, father says
-
General22 hours agoHomicide detectives investigate death of man in Newcastle unit
-
General12 hours agoHundreds of men march against domestic violence in Alice Springs on Human Rights Day
-
Noosa News19 hours agoMan suffers life-threatening injuries in alleged road rage stabbing in The Gap, Brisbane