BetMakers Renews Key Partnership with UK Tote Group

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BetMakers Renews Key Partnership with UK Tote Group

Betmakers Technology Group Ltd. ( (AU:BET) ) just unveiled an announcement.

BetMakers Technology Group Ltd has renewed its partnership with the UK Tote Group, a leading operator of tote pools in the UK and Ireland. This agreement, which extends until June 2029, positions BetMakers as a key technology provider for the UK Tote’s operations, utilizing its Quantum software to manage wagering across British and Irish racecourses. The renewal is expected to generate at least A$4.0 million annually for BetMakers, reinforcing its market position and commitment to innovation in the pool betting industry.

More about Betmakers Technology Group Ltd.

BetMakers Technology Group Ltd is a company operating in the wagering technology industry, providing software solutions and services for betting operations. Its primary product, the Quantum software, is a pools wagering platform used by racecourses and betting operators to manage and deliver racing pools wagering. The company focuses on enhancing the betting experience and expanding the reach of racing events globally.

YTD Price Performance: 6.25%

Average Trading Volume: 5,000

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $64.49M

For an in-depth examination of BET stock, go to TipRanks’ Stock Analysis page.

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