NTRC Confirms Neds.com.au & Global Tote Agreement Can Proceed
NTRC Confirms Neds.com.au & Global Tote Agreement Can Proceed
Sydney, Oct 30, 2018 AEST (ABN Newswire) - The Board of The BetMakers Holdings Limited (ASX:TBH) (OTCMKTS:TPBTF) ("Company" or "BetMakers") is pleased to announce that, today, Neds.com.au (a Northern Territory licensed operator), has received written correspondence from the Northern Territory Racing Commission ("NTRC") in relation to the proposed agreement with The Global Tote (a wholly owned subsidiary of BetMakers).

NTRC has advised that it has reviewed the proposed agreement between Neds.com.au and Global Tote, and that the arrangement between Neds.com.au and Global Tote can proceed.

BetMakers will update the market as to any changes in the status of other Global Tote contracts in due course in accordance with its continuous disclosure obligations.


About The Betmakers Holdings Limited

The Betmakers Holdings Limited (ASX:TBH), (OTCMKTS:TPBTF) (FRA:T07) formerly TopBetta Holdings Limited, is an ASX-listed holding company and a global provider of online wagering products and services to both wholesale and retail markets through its various wholly owned subsidiaries. The Company operates a retail wagering business, offering consumers wagering, fantasy tournament and content products and services. Global Tote Australia Pty Ltd conducts TBH's Wholesale Business, which includes operating and licensing its wholesale tote product which enables licensed wagering operators, including corporate bookmakers and tote operators from all over the world, to participate in global pools. The Wholesale Business is conducted under a B2B licence granted by the UK Gambling Commission to Global Tote Limited, a company incorporated in Alderney, UK.

     


Contact

Charly Duffy
Company Secretary
E: companysecretary@thebetmakers.com
M: + 61-409-083-780

Jane Morgan
Investor & Media Relations
E: investors@thebetmakers.com
M: +61-405-555-618



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