The subsidiary of PointsBet Holdings Limited (ASX: PBH), PointsBet Michigan LLC has signed an exclusive agreement with Lac Vieux Desert Public Enterprise and Finance Commission to provide online as well as mobile sports wagering and gaming (casino) in the State of Michigan, depending upon obtaining the required regulatory licenses.
PointsBet along with Lac Vieux Desert Public Enterprise and Finance Commission will work in tandem to provide online & mobile sports wagering and online gaming (casino) services online licenses of Lac Vieux Desert Public Enterprise and Finance Commission.
At AEDT: 1:27 PM, PBH shares are trading at $5.250, up 6.061% from its previous close.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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