PointsBet Secures Sports Betting and iGaming Market Access in Pennsylvania and Mississippi

26 March 2021 - Melbourne, Australia - PointsBet Holdings Limited (ASX: PBH) (the “Company”) today announced that its wholly owned subsidiary, PointsBet USA Inc. (“PointsBet”), and Penn National Gaming Inc. (NASDAQ: PENN) (“PNG”) have agreed to extend the Online Gaming Services Framework Agreement dated 31 July 2019 (the “Agreement”) to provide PointsBet with online sports betting and iGaming market access in Pennsylvania and Mississippi (the “Additional States”), subject to enabling legislation (in Mississippi) and licensure in each of those States. Pennsylvania currently permits online sports betting and iGaming (the "Transaction").

As part of the Transaction, PointsBet has agreed to release PNG and Penn Interactive Ventures, LLC ("PIV") and their respective affiliates from the disposal restrictions contained in Section 6.4(a) of the subscription agreement entered between, among others, the Company, PointsBet, PNG and PIV dated 31 July 2019 (details of which were disclosed to ASX on 1 August 2019) ("Subscription Agreement") in respect of the securities which were acquired by PIV under the Subscription Agreement. Such restrictions were due to expire on 1 August 2021. All other equity restrictions in the Subscription Agreement remain unchanged.

Key features of the expanded partnership

•  The term of the Market Access Agreement for each Additional State is twenty (20) years from the date the PointsBet branded service is first offered to PointsBet players in the applicable State.
•  The agreement expands PointsBet’s United States sports betting footprint to 14 States (subject to the passing of enabling legislation and licensure as relevant).
•  PointsBet will be responsible for all licensing and approval costs in connection with launching and operating the PointsBet services (including, those associated with the licensed operator obtaining and maintaining the applicable B2C Operating Licenses required for PointsBet to operate the services in each Additional State).
•  PointsBet will pay PNG a portion of the Net Gaming Revenues derived from each Additional State.

DISC: I hold

PointsBet and National Hockey League Announce Multi-Year Sports Betting & Marketing Partnership

10 February 2021 - Melbourne, Australia - PointsBet Holdings Limited (ASX: PBH) (the Company) today announced a multi-year strategic partnership with the National Hockey League (NHL), naming PointsBet an “Official Sports Betting Partner of the NHL”....

The agreement between PointsBet and the NHL spans across both the United States and Australia. As part of the partnership, PointsBet receives rights to use NHL marks and logos, as well as a variety of NHL sponsorship and promotional opportunities for its brand across various linear, digital, and social media assets.

Notably, the deal also provides PointsBet the ability to integrate content into live NHL game broadcasts across NHL media partners, including NBC Sports, NBC Sports Regional Networks, Altitude TV, and other potential future linear alignments.

Disc: I hold

Q2 FY21 Update

~ Group Net Win of A$44.6m up 148% on PCP

~ Record Net Win in Australia of A$49.8m, up 240% on PCP ? 13.5% online handle market share in New Jersey(1) for the quarter

~ 14.7% market share in Illinois by online handle and 3.6% by total online bet count(2)

~ 4.2% online handle market share in Indiana(3) for the quarter

~ Active Clients(3) in the US up 222% on the PCP and up 71% since 30 September 2020

~ Launched operations in Colorado in November

~ 428k bets processed on Melbourne Cup Day

Appendix 4C, Quarterly Activities Report and Trading Update ~  Attached

Q2 FY21 INVESTOR PRESENTATION & TRADING UPDATE ~

https://cdn-api.markitdigital.com/apiman-gateway/CommSec/commsec-node-api/1.0/event/document/1410-02334837-76EH14J6VNT5P436MCFPQJV9TE/pdf?access_token=GjxZwrvpQlACfwF2WiBKZkpeP605

PointsBet Appoints Shaquille O’Neal as Australian Brand Ambassador ~

https://wcsecure.weblink.com.au/pdf/PBH/02333167.pdf

PointsBet Appoints Paige Spiranac as Brand Ambassador ~

https://wcsecure.weblink.com.au/pdf/PBH/02333629.pdf

Disc: I Hold

PointsBet Obtains Approval to Go Live with Online Sports Betting in Michigan

21 January, 2021 - Melbourne, Australia - PointsBet Holdings Limited (ASX: PBH) today announced its wholly owned subsidiary PointsBet Michigan LLC (the “Company”) has been authorised by the Michigan Gaming Control Board (MGCB) to commence online sport betting operations on Friday, 22 January 2021 at 12 noon (US EST time). Michigan will become the sixth operational US state for PointsBet, following successful launches in New Jersey, Iowa, Indiana, Illinois, and Colorado.

Michigan will also see the inaugural launch of PointsBet’s iGaming product in H2 FY21 following receipt of the necessary MGCB approvals

DISC~ I hold