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What made the BetMakers (ASX:BET) share price surge 19% in 2021?

What made the BetMakers (ASX:BET) share price surge 19% in 2021?
fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.

Betmakers Technology Group Ltd (ASX:BET) Quarterly Activities Report - ABN Newswire (@ABN_Newswire)

Betmakers Technology Group Ltd (ASX:BET) Quarterly Activities Report    Quarterly Activities ReportSydney, July 26, 2021 AEST (ABN Newswire) - The Board of BetMakers Technology Group Ltd ( Quarterly highlights - 71% increase versus Q3 FY21 and 272% increase versus Q4 FY20 - Completion of acquisition of Sportech racing, tote and digital business - Fixed Odds Bill passed unanimously in Senate and General Assembly in New Jersey - Acquisition of Form Cruncher and Swopstakes assets - Placement shares issued to wagering industry leader Matt Tripp - Closing cash balance of $120mil The Company recorded its strongest quarter to date with $8.91mil in cash receipts from customers in Q4 FY21. This was up from $5.2mil (+75%) on the previous quarter (Q3 FY21) and a (+272%) increase on comparison Q4 FY20. A summary of the Company s historic quarterly performance is tabled in link below .

BetMakers agrees deal to acquire Australia s Form Cruncher and Swopstakes

BetMakers agrees deal to acquire Australia s Form Cruncher and Swopstakes
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BetMakers acquires Form Cruncher and Swopstakes assets for combined $17m | Tech & innovation

BetMakers acquires Form Cruncher and Swopstakes assets for combined $17m | Tech & innovation
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