PBH 2.94% 66.0¢ pointsbet holdings limited

Ann: Trading Update and Update of Sports Schedule, page-12

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  1. 1,863 Posts.
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    Considering they are only just starting to expand there was no real market share in the US to lose. its where their growth will come from as they spread beyond new jersey. I get your point its a hand break but they are fighting incumbents for share of wallet with a differentiated product, as opposed to incumbents taking their product share. The incursion into other markets may be impacted by your point, but it is still a hostile raid of market share by PBH if that makes sense.

    What matters is Net Win Margin $ growth in the US, thats the growth metric, but the bulk of existing revenues comes from Australia.

 
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