As TopBetta Holdings Limited (
Highlights
- Wagering and tournament turnover up 29% QoQ to $54.62M
- Active User numbers continue to grow with 20% increase from June quarter to 10,904
- Cash receipts from customers during the quarter at $4.1M
- Global Tote turnover for the quarter totalled $22.58M (up from $8.96M the previous quarter)
TopBetta's Managing Director, Todd Buckingham commented: "The first quarter of FY17 has been a significant quarter in terms of building the base for the Company. We have capitalised on a number of opportunities and it was pleasing to see the continual growth across our wagering divisions.
The Company raised $9M via a placement, which has allowed us to accelerate the roll out of a number of initiatives around our retail business here in Australia and also tick off some regulatory requirements to move into other international markets."
To view the full report, please visit:
http://abnnewswire.net/lnk/58ZC7MMW
About Betmakers Technology Group Ltd
Betmakers Technology Group Ltd (ASX:BET)(OTCMKTS:TPBTF) 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.
Contact
Charly DuffyCompany Secretary
E: companysecretary@thebetmakers.com
M: + 61-409-083-780
Jane Morgan
Investor and Media Relations
E: investors@thebetmakers.com
M: +61-405-555-618
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