Betmakers Technology Group Ltd (ASX:BET) Waterhouse Deal Generates Over $6.2M in Revenue
Waterhouse Deal Generates Over $6.2M in RevenueSydney, July 16, 2021 AEST (ABN Newswire) - BetMakers Technology Group Limited (
FRA:T07) is pleased to announce that the Company has recorded relevant revenues of $6,221,685.70 under the conditional commercial agreements (Commercial Agreements) with the Waterhouse Group from the commencement of the Commercial Agreements on 22 May 2020 through to 30 June 2021 (Vesting Period).
The Company is also pleased to announce that, as a result, the Class A Performance Right issued to Waterhouse VC Pty Ltd (Waterhouse VC) vested and was converted into 34,564,921 options (Options) exercisable into ordinary shares in the Company (Shares) with an exercise price of $0.18 and an expiry date of 16 July 2023. Waterhouse VC has elected to exercise the 34,564,921 Options and, accordingly, the Company has today issued 34,564,921 Shares for a total aggregate
The power of derivatives in horse and greyhound racing Share
March 26, 2021
Adam Conway, Head of Trading at SIS, examines the popularity of derivatives in horse and greyhound racing and why they are so appealing to bettors across international markets.
Traditionally in regions where there is little or no horse and greyhound racing heritage, betting on these sports will have taken a back seat to more popular forms of betting content such as football.
However, during the last few years market trends have shown that this is no longer the case, with the live action and short-form betting opportunities that horse and greyhound racing has to offer, gaining traction with new audiences in regions across the globe.
The power of derivatives in horse and greyhound racing sbcnews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sbcnews.co.uk Daily Mail and Mail on Sunday newspapers.