Monday, August 2
The Latest in betmakers
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Legal

New Jersey Lawmakers Approve Fixed Odds Horse Race Wagering

Members of the state Senate and General Assembly in New Jersey voted to approve unanimously fixed odds betting on horse races and leave final legalization to Gov. Phil Murphy’s signature. Expanding Wagering Options for Horse Racing Bettors The bill, introduced by Republican Assemblyman Ronald Dancer and Democrat Assemblyman Ralph Caputo, is expected to allow bettors on horse racing in the Garden State to see an expansion of wagering […]
New Jersey Lawmakers Approve Fixed Odds Horse Race Wagering
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Trading

BetMakers Requested ASX Suspend Its Stock Trading until Monday

A halt in trading of BetMakers Technology Group shares implemented by the Australian Securities Exchange (ASX) today is fueling rumors the tech company’s bid to acquire Tabcorp’s media and sports wagering units could be successful. Halt in Stock Trading According to the information provided by the ASX the suspension in trading of BetMakers shares was […]
BetMakers Requested ASX Suspend Its Stock Trading until Monday
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Industry

News Corp Australia in Talks to Launch Standalone Betting Brand

A weekend report in The Sydney Morning Herald claims News Corp Australia is in advanced negotiations to launch a new sports betting brand and reshuffle player positions in the local gaming market. Talking on Two Fronts Industry sources, which remained unnamed by the media due to the confidential nature of the talks, stated that the […]
News Corp Australia in Talks to Launch Standalone Betting Brand
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Business

The Battle for Tabcorp heats up as BetMakers Decides to Join in the Race

Tabcorp has suddenly become very popular in Australia, but not with gamblers. The company has fallen on hard times because of COVID-19 and Apollo Global Management and Entain had started a bidding war to try to convince it to sell its gaming assets. A third company has now joined as BetMakers Technology Group Ltd has […]
The Battle for Tabcorp heats up as BetMakers Decides to Join in the Race
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Legal

NJ Legislators Advanced Two Fixed-Odds Horse Racing Bills

Fixed-odds wagering on horse racing in New Jersey went one step further to legalization after two bills have been approved by committees in the state General Assembly and Senate, a press release from BetMakers Technology Group revealed today. A4909 and S3090 A4909, introduced by Assemblyman Ronald Dancer and Assemblyman Ralph Caputo was referred to the […]
NJ Legislators Advanced Two Fixed-Odds Horse Racing Bills
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Sports

Bookmaking Legend Matt Tripp To Aid BetMakers in US and Australia Expansions

Under the agreement, Matt Tripp will help BetMakers expand in both Australia and the US and will purchase a AUS $ 25 million stake in the company. Matt Tripp And BetMakers Ink Partnership Online betting market leader BetMakers and Matt Tripp have entered into an exclusive partnership. Through the agreement, Tripp will use his business […]
Bookmaking Legend Matt Tripp To Aid BetMakers in US and Australia Expansions
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Business

Shareholder Vote Clears BetMakers’ Way to Acquire Sportech

Horse racing betting technology supplier BetMakers Technology Group announced today in a filing to the Australian Stock Exchange (ASX) the remaining obstacle on the way to completion of the acquisition of Sportech’s racing and digital assets has been cleared, after shareholders of the online sports betting company voted in favor of the transaction. Shareholder Approval […]
Shareholder Vote Clears BetMakers’ Way to Acquire Sportech
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Business

BetMakers Technology Group to Acquire Sportech

Australian BetMakers Technology Group (BET) has announced that it has struck an $AUS 56.2m (£34m) conditional agreement to acquire Sportech Plc., which provides mutual betting technology to horse race betting operators across the globe. The Acquisition BET will acquire all Sportech racing and digital assets and IPs in the United States, United Kingdom, Europe and […]
BetMakers Technology Group to Acquire Sportech
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Business

DraftKings and BetMakers Each Raise Funds to Continue with US Push

Sports betting platforms DraftKings and BetMakers are continuing their expansion in the US by offering new shares to raise additional capital. Some 33 Million Shares to Be Sold by DraftKings as Companies Aim at US Expansion Announced yesterday, June 16, the sports betting operator DraftKings shared its intention to initiate a public offering, launching 33 […]