Australia's PointsBet slips for fourth session on weak first-half outlook

By Reuters News

** Shares of PointsBet Holdings PBH.AX fall 3% to A$0.805, on track for a fourth consecutive session of losses

** The Australian wagering company expects first-half FY27 normalised operating loss of A$6 million-A$8 million ($4.18 million-$5.57 million), versus a loss of A$3.3 million last year

** Sees first-half FY27 revenue of about A$113 million, down 16% year-on-year

** Stock down 8.8%, YTD, including the session's losses


($1 = 1.4366 Australian dollars)

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