PointsBet USA Inc., a wholly owned subsidiary of PointsBet Holdings Ltd., today announced the premier global online gaming and racing operator has agreed in principle to acquire Premier Turf Club, LLC, an Advance Deposit Wagering (ADW) company licensed by the Oregon Racing Commission. The agreement is set to initially position PointsBet within the U.S. online horseracing market as the company continues its rapid expansion across the country.
Premier Turf Club, known as “Racing’s Best Kept Secret,” has been in business over 13 years and operates the website BetPTC.com. The company is overseen by General Manager Todd Bowker, a long-time industry executive, who will become Vice President of Racing for PointsBet USA. Bowker previously served as General Manager of AmericaTab Ltd, where he led the start-up of the company and oversaw the operational management of what grew to become the fourth largest Advance Deposit Wagering company licensed in Oregon. Premier Turf Club’s highly experienced staff will also be joining the PointsBet team.
Premier Turf Club’s extensive industry expertise and relationships, customer-focused operations, and excellent reputation will be of immediate value to PointsBet as the company looks to continue its proven track record of entering new markets with premium products while accelerating client value and growth in the United States.