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Gambling News - 'Betmakers'
Business
August 30, 2024
BetMakers Posts FY 2024 Results, Highlights Reduction in Expenses
BetMakers Technology Group has published its financials for the 12-month period ended June 30, reporting an improvement in its operational discipline and a decline in expenses. The Company Reported a Reduction in Expenses Thanks to a “disciplined approach to its strategy,” BetMakers was able to improve its profitability, realizing significant material benefits. The company’s adjusted […]
Sports
June 3, 2024
bet365 and BetMakers Ink 2-Year Fixed Odds Horse Racing Deal
Horse race betting supplier with an ambitious vision and a global footprint BetMakers has inked a two-year content and market deal with 2000-founded leading global betting brand bet365. Colorado and New Jersey, Part of the Deal According to the agreement, bet365 will offer fixed odds wagering on thoroughbred horseracing to New Jersey-located bettors while distributing […]
Business
April 11, 2024
BetMakers Technology Group Unveils Acquisition of RACELAB Assets
BetMakers Technology Group announced that it has acquired assets of RACELAB, a leading international supplier of enhanced racing wagering products and technologies. According to the report, the former company will pay a total of AUD 1.5 million ($980,000) in cash with a clawback of up to AUD 500,000 ($326,000) dependent on key customer novation within […]
Business
March 25, 2024
BetMakers Starts Search for New Chief Financial Officer
BetMakers Technology Group, the leading international provider of business-to-business betting data, technology, services and solutions, announced changes to its senior-level team. In a statement on Monday, the company said that its chief financial officer (CFO), Anthony Pullin, confirmed his intention to resign from his role with the company. The executive first joined BetMakers five years […]
Business
February 1, 2024
BetMakers Reports Revenue Growth, Highlights Achievements in Q2 FY24
The leading international provider of business-to-business betting technology, content data, services and solutions, BetMakers Technology Group, released its latest quarterly activities report earlier this week. The company’s unaudited Q2 FY24 report reveals details regarding its performance for the three months ended December 31, 2023. For the latest trading period, BetMakers posted strong revenue which hit […]
Business
November 27, 2023
BetMakers Releases OneWatch, a Revolutionary Terminal Monitoring Tool
BetMakers Technology Group, a leading wagering technology and data partner, has unveiled OneWatch, its new terminal monitoring solution. The innovative tool will allow companies to easily manage thousands of terminals. BetMakers described OneWatch as a wagering terminal monitoring and analytics tool that has been designed to revolutionize wagering terminal operations from manual and reactive to […]
Business
July 31, 2023
BetMakers Reports Q4 Results, Highlights and Restructuring Progress
BetMakers released a report on its performance in Q4 of the fiscal year ended June 30, 2023. The company recorded improvements across the board and unveiled an upcoming webinar for its full-year report. The betting tech and data partner reported $16.6 million (converted to USD) in cash receipts in Q4, which represents a modest 5% […]
Industry
July 19, 2023
BetMakers Adds Penn National Racing Content to NJ Fixed Odds Platform
BetMakers Technology Group, a provider of betting tech, has added racing content from Hollywood Casino at Penn National Race Course to the fixed odds horseracing platform MonmouthBets in New Jersey. The agreement between BetMakers’ Global Racing Network and Penn Entertainment allows for easy delivery of content for fixed odds betting from Hollywood Casino at Penn […]
Industry
June 28, 2023
BetMakers to Offer Fixed Odds Wagering on Parx Racing Content
Supplier of data analytics and content for the global horse racing industry, BetMakers Technology Group, announced today that Parx Racing has become part of the content available on MonmouthBets. New Way to Enjoy Horse Racing Thoroughbred content from Parx Racing will be made available to bettors via a content rights management agreement signed with BetMakers’ […]
Business
May 31, 2023
BetMakers to Axe over 100 Jobs under AU$20M Cost Reduction
Australian wagering technology supplier BetMakers Technology Group is about to implement a global cost-cutting program that will see its staff reduced by more than 100 jobs. Bringing Down Staff and Overheads by 23% The execution of the program costing AU$2.5 million ($1.68 million) is expected to bring expenses down by AU$20 million ($13.4 million) by […]