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An announcement from Betmakers Technology Group ( (AU:BET) ) is now available.
BetMakers Technology Group has reported a 361% growth in Adjusted EBITDA for the first quarter of FY26, driven by revenue growth, margin expansion, and cost discipline. The company’s strategic initiatives, including the acquisition of the Las Vegas Dissemination Company, aim to tap into the under-digitized Nevada racing market, potentially unlocking significant growth and operational efficiencies.
The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.27 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 Ltd operates in the racing and wagering industry, providing advanced technology, data, and content solutions. The company focuses on modernizing the racing ecosystem, particularly in under-digitized markets like Nevada, through strategic acquisitions and product innovations.
YTD Price Performance: 85.71%
Average Trading Volume: 1,742,714
Technical Sentiment Signal: Hold
Current Market Cap: A$215.9M
Find detailed analytics on BET stock on TipRanks’ Stock Analysis page.