Betmakers Technology Group Ltd. (AU:BET) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
BetMakers Technology Group Ltd has revised its Platform and Services Agreement due to betr’s expected acquisition by BlueBet Holdings, which will terminate the agreement after customer migration. This amendment will result in the recovery of outstanding fees and significant cost savings for BetMakers, as they pivot resources towards the global rollout of their NextGen platform. The deal, while ending BetMakers’ current service commitments to betr, opens up new growth opportunities and supports the company’s financial targets, including a projected low double-digit revenue growth.
For further insights into AU:BET stock, check out TipRanks’ Stock Analysis page.
