PointsBet, the Melbourne-based independent online gaming operator is launching its second iGaming platform in the US in late July. The New Jersey launch follows a successful entry into the Michigan market in May 2021.
PointsBet’s portfolio includes a casino platform, a fixed-odds sportsbook, and their unique PointsBetting platform, where thrill-seeking bettors can multiply their winnings if their selections win in blowout fashion.
The launch of PointsBet has been a tremendous success in Michigan and Manjit Gombra Singh, the President of Product and Technology for the company stated that the brand is excited to continuously improve and expand its online presence in the country.
iGaming revenues across the United States have grown exponentially since 2018. Quarterly revenues in New Jersey, Michigan, Pennsylvania, and West Virginia - markets PointsBet has online access to - nearly reached $900 million.
PointsBet entered the US market in January 2019 with its launch of the PointsBet sportsbook in New Jersey. The Australian operator has found success in the states due to the quick and user-friendly mobile application and promotions that are widely considered the best in the market.
The company is not outsourcing anything to third parties, the entire development of the platforms is kept in-house. This has helped PointsBet to grow to be one of the most well-respected sportsbooks in the New Jersey area.
The PointsBet.com sportsbook is now operating in Colorado, Illinois, Indiana, Iowa, Michigan, and New Jersey. The online casino platform is expected to be launched in ten further states after the New Jersey entry.
According to Sam Swanell, PointsBet Group CEO and Managing Director, the company is still in the process of exploring future market access agreements to bring both the sportsbook and the casino product to additional states with new markets in the US opening up through 2021.
The rapidly expanding platform takes pride in allowing action from sharp bettors. The PointsBet sportsbook is guaranteed to take bets up to $10,000 from any bettor on sides and totals in the four major leagues on game day.
PointsBet also boasts quick payouts and promotions that include bad beat guarantees, free casino spins, and creative offers like giving out free $3 credit after all three-pointers scored by the basketball team a bettor placed a wager on.