BetMakers Technology Group Limited (ASX:BET) (FRA:T07) today announces that it has submitted a non-binding, indicative proposal to acquire Tabcorp Holdings Limited s (ASX:TAH) Wagering and Media business for an enterprise value of A$4.0 billion.
Betmakers Technology Group Ltd (ASX:BET) Quarterly Activities Report
Quarterly Activities Report Sydney, April 27, 2021 AEST (ABN Newswire) - The Board of BetMakers Technology Group Ltd (
QUARTERLY HIGHLIGHTS
- $5.2 million in receipts from customers for the quarter (+31% vs Q2 FY21, +206% vs Q3 FY20)
- Matt Tripp agrees to strategic partnership and subscription for $25m placement
- Completion of $10 million Share Purchase Plan
- Completion of $50 million institutional placement
- $125 million of cash as at 31 March 2021
- Nearing completion of acquisition of the Sportech Racing and Digital Assets
The Board is pleased to report a strong quarter of growth. The Company reported $5.2 million in receipts from customers, which is an increase of 31% on Q2 FY21 cash receipts, and an increase of 206% on Q3 FY20 cash receipts.
Betmakers Technology Group Ltd (ASX:BET) Quarterly Activities - Cashflow Report
Quarterly Activities - Cashflow ReportSydney, Jan 29, 2021 AEST (ABN Newswire) - The Board of BetMakers Technology Group Ltd (
QUARTERLY HIGHLIGHTS
- Clear pathway for Fixed Odds legislation on Horse Racing in New Jersey
- Expected net cash of more than $35.0M post completion of the Acquisition
- Cash receipts for the 1H FY21 up 90% on previous half
- Annualised cash receipts at $16.0M
The Board is pleased to report another strong quarter following the substantial growth delivered by the Company in Q1 FY21. These results have contributed to cash receipts for the first half of FY21 being $7.9 million, an increase of 130% on the comparative period in FY20.
Betmakers Technology Group Ltd (ASX:BET) $10million SPP to Open 5 January 2021
$10million SPP to Open 5 January 2021Sydney, Dec 31, 2020 AEST (ABN Newswire) - The Board of BetMakers Technology Group Limited (
FRA:T07) is pleased to announce further details of the Company s previously announced non-underwritten A$10 million Share Purchase Plan ( SPP ) after receiving approval from Sportech PLC ( Sportech ) shareholders for the acquisition of the Racing and Digital assets of Sportech.
Highlights
- BetMakers to launch previously announced non-underwritten Share Purchase Plan to raise up to A$10 million
- Share Purchase Plan to open on Tuesday 5 January 2021 and close at 5:00pm AEDT on Friday 15 January 2021