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BetMakers Flags Technical Policy Breach After Automated Director-Linked Share Trade

Story Highlights
  • BetMakers reported an automated intraday sale and repurchase of 216 shares held for Tekkorp, leaving its overall holding and financial position unchanged.
  • The board deemed the closed-period trades a technical policy breach but accepted remedial steps after concluding they arose without Matthew Davey’s prior knowledge or consent.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BetMakers Flags Technical Policy Breach After Automated Director-Linked Share Trade

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The latest update is out from Betmakers Technology Group ( (AU:BET) ).

BetMakers Technology Group has disclosed that a custodian holding shares on behalf of Tekkorp Holdings LLC, an entity associated with Executive Chair Matthew Davey, automatically sold 216 BetMakers shares on 7 January 2026 to cover market data subscription fees, before repurchasing the same number of shares at the same price later that day, resulting in no net change to Tekkorp’s holding or financial position. The Board described the trades as a technical breach of the company’s securities trading policy because they occurred during a closed period without prior written authorisation, but, noting that the transactions were triggered automatically without Davey’s knowledge or consent, it accepted his undertaking to transfer the shares to an account that prevents automatic broker-initiated sales and committed to enforcing this remedial action.

The most recent analyst rating on (AU:BET) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Betmakers Technology Group stock, see the AU:BET Stock Forecast page.

More about Betmakers Technology Group

BetMakers Technology Group (ASX: BET) is a global B2B wagering technology provider, offering advanced platforms, fixed-odds and pari-mutuel wagering solutions, data services and betting content to rights holders and racetracks in more than 30 countries, helping them generate new revenue streams and enhance the betting experience.

YTD Price Performance: 10.81%

Average Trading Volume: 2,076,075

Technical Sentiment Signal: Hold

Current Market Cap: A$229.7M

Find detailed analytics on BET stock on TipRanks’ Stock Analysis page.

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