The transaction is still subject to certain customary closing conditions, however PointsBet expects the transaction to close before the end of the month.
The Oregon Racing Commission licensed Premier Turf Club has been over for more than 13 years active its BetPTC.com website.
PointsBet, which signed the deal through its subsidiary PointsBet USA, said Premier Turf Club’s industry expertise and relationships, customer-centric operations and reputation are of immediate value to the company as it plans to expand its presence in the US.
« The combination of the premier Turf Club’s excellence in this area with PointsBet’s mature Australian racing expertise positions us well as we move forward in prepare the US horse racing market, « said Johnny Aitken, CEO of PointsBet USA.
Ref: https://igamingbusiness.com