{"id":129758,"date":"2020-03-13T09:47:56","date_gmt":"2020-03-13T16:47:56","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=129758"},"modified":"2020-03-13T11:35:22","modified_gmt":"2020-03-13T18:35:22","slug":"pointsbet-slid-in-australia-trading-as-sports-cancellations-take-toll","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/pointsbet-slid-in-australia-trading-as-sports-cancellations-take-toll\/","title":{"rendered":"PointsBet Dips Below IPO Price as Sports Postponements Mount, Company Allays Liquidity Concerns"},"content":{"rendered":"
PointsBet Holding Ltd. (ASX:PBH), the Australian bookmaker with significant US exposure, saw its stock briefly slide below its initial public offering (IPO) price during Sydney trading Friday. That’s as investors grow increasingly concerned about the spate of athletic leagues and events that are being canceled, delayed, or suspended because of the coronavirus.<\/p>\n