** 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;))