Thursday, December 12, 2024

PointsBet: Providing online sports wagering and gaming in Michigan

PointsBet: Providing online sports wagering and gaming in Michigan

  • PointsBet’s (PBH) subsidiary, PointsBet Michigan, has entered an agreement with the Lac Vieux Desert Public Enterprise and Finance Commission
  • This agreement also will provide online and mobile sports wagering and gaming in the State of Michigan
  • This agreement follows the signing of legislation of December 20 2019, to allow sports betting and online gaming in the State
  • Then the new agreement involves PointsBet and LVD partnering to launch digital sports wagering via PointsBet’s app and website
  • PointsBet and LVD are also in exclusive negotiations regarding the operation of retail sportsbook operations
  • PointsBet’s share price is currently up 6.26 per cent with shares trading for $5.26 apiece

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