PointsBet Holdings Limited (ASX:PBH) disclosed that it has entered into an agreement in Australia to become the exclusive wagering partner for Fox Sports AFL during the 2020 season.
PBH also noted the statements by the National Rugby League (NRL) and the Australian Football League (AFL) regarding their plans to re-commence the 2020 season on 28 May 2020 and 11 June 2020 respectively.
PointsBet stated that the Australian Trading business accomplished a record Net Win month in February 2020, followed by another record Net Win month in March 2020, despite the significant disruption of COVID-19 to key sporting leagues.
Moreover, PBH revealed that the Australian trading business is continuing this positive trend in fourth quarter and has achieved net win of AUD 18.2 million for the period 1 April to 25 May 2020.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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