Global sports betting and technology company PointsBet has opened its European headquarters in the Liberties in Dublin.
The opening of the Dublin office marks the first operational presence in Europe for PointsBet, which acquired Irish start-up Banach Technology last year.
Banach was acquired in March 2021 for $43 million.
PointsBet’s Dublin office currently employs 70 developers, quantitative analysts and product managers and plans to expand further over the next year.
PointsBet said the Liberties office will be “the long-term home of its European operations,” with the team also supporting its American counterparts from Dublin.
The Dublin expansion plans follow a recent $65.8 million investment in the business by financial trading firm Susquehanna International Group.
The company also recently announced a partnership with Dublin-based Nellie Analytics, a sports analytics company owned by Susquehanna.
PointsBet offers gaming products and services as well as online and retail betting to customers in regulated American states through its cloud-based technology platform. Headquarters is currently in Denver, Colorado.
“We see the opening of our new office as a starting point for increased local recruitment and engagement activities in Ireland and Europe and also to support our US teams,” said Chief Executive Johnny Aitken.
He added that he hopes the investment will lead to “additional areas of mutually important collaboration between US and Irish companies.”
https://www.independent.ie/business/irish/us-gaming-tech-operator-to-open-european-hq-in-dublin-41803185.html US gaming tech operator opens European headquarters in Dublin