During the past 12 months The BetMakers has laid the foundation for the next stage of growth. Key achievements during this time are:
- B2B revenue growing by more than 50% annually
- Significant cost reduction achieved through cost rationalisation and extraction of group synergies
- Achieved profitability in March quarter, Underpinned by recurring revenues and a reduced cost base
- Acquired and integrated DynamicOdds & Global Betting Services
- Signed or extended agreements with the Australian retail operators, comprised of almost all major domestic wagering operators. These include Bet Easy, Ladbrokes, Neds, Sportsbet, Bet365, and Unibet
- Signed major global wagering operators Bet365, Unibet, and William Hill Group
Product and services
- Secured the distribution rights to US greyhounds and US racing - delivering bookmakers odds, enhanced data, and vision.
- Launch of Global Racing Distribution across multiple bookmakers. Commenced delivery in March 2019
- Extended racing bodies products to include Integrity Platform solutions
- Launched bookmaker 'customised' racing TV to enable live racing vision on operators platforms
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About Betmakers Technology Group Ltd
Betmakers Technology Group Ltd (ASX:BET) (FRA:T07) 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.
Betmakers Technology Group Ltd