PointsBet is pushing out bonus chasers. Early signs show it’s working
Zoe SamiosBusiness reporter
PointsBet chief executive Sam Swanell says the online bookmaker is cracking down on punters who only bet on races and sports competitions that offer lucrative inducements.
The ASX-listed company has dramatically cut corporate and marketing costs in the months since it announced the sale of its US division to sports merchandise company Fanatics.
correction —
This story was updated to reflect that PointsBet will report a 2023-24 loss at the earnings level. A previous version incorrectly stated it would be $9 million to $14 million in the black.
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