BetMakers Acquires RACELAB, Expands Wagering Tech
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BetMakers Acquires RACELAB, Expands Wagering Tech

Betmakers Technology Group Ltd. (AU:BET) has released an update.

BetMakers Technology Group Ltd. has strategically acquired RACELAB Global’s assets, enhancing its racing wagering products with advanced technology, including race form and fixed odds pricing tools. The deal, valued at A$1.5 million with potential clawback conditions, also establishes a partnership with Sports Information Services Limited to evolve wagering services globally. This acquisition is set to contribute to BetMakers’ earnings and revenue growth starting in FY25.

For further insights into AU:BET stock, check out TipRanks’ Stock Analysis page.

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