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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 .