BUZZ-Australia's Pointsbet falls on earnings forecast downgrade** Shares of Pointsbet Holdings PBH.AX down 18.4% to A$0.8, on track for worst session since mid-May 2023
** Bookmaker downgrades FY25 EBITDA forecast to A$11 mln-A$14 mln ($6.83 mln-$8.69 mln) from A$11 mln-A$16 mln
** Co downgrades FY25 revenue guidance to A$260 mln-A$270 mln from A$280 mln-A$290 mln
** Co's 1H FY25 total normalised EBITDA fell to A$3.3 mln from A$58.5 mln in 1H FY24
** About 2.9 mln shares change hands, 4.4 times the 30-day average of shares
** Stock down 2% this year, as of last close
($1 = 1.6116 Australian dollars)
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com;))
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