PointsBet opens new European HQ in Dublin
PointsBet has opened a European headquarters in Dublin’s Liberties after acquiring Banach Technology last year.
PointsBet’s Dublin office is its first in Europe, and the Denver-based firm has plans to grow its technology and product team following a recent $66m investment by proprietary financial trading firm Susquehanna International Group.
The Australian-listed company, which has licensed operations across the US, Canada and Australia, provides online and retail betting and services to customers in US states where gambling is legalised.
It uses software model to build, manage and operate a self-sustaining wagering platform including its betting engine, mobile and web-based applications, and secure cloud and land-based storage. It offers sports and racing betting, advanced deposit wagering, and iGaming.
Seventy developers, quantitative analysts and product managers will be based at the Dublin office in the Eight Building, and more recruits will be added over the next year.
“We see the opening of our new office as a jumping off point for increased local recruitment and engagement activity in Ireland and Europe, and supporting our US teams as well,” said Johnny Aitken, CEO of PointsBet in the US.
“We intend to grow our investment in the Irish operation into the future, with our newly announced agreement with Dublin-based Nellie Analytics expected to provide additional sophisticated sports analytics and quantitative modelling services to complement PointsBet’s existing capabilities and accelerate our technology roadmap delivery.
“Positioning ourselves among some of the world’s most exciting tech talent in Dublin is a strategic decision that we expect will add further significant economic value in both the Irish and US markets going forward.”