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BetMakers Secures New Agreement with Penn Entertainment, Driving Growth

Story Highlights
  • BetMakers signs a new three-year agreement with Penn Entertainment for racing content distribution.
  • The agreement is expected to boost BetMakers’ EBITDA by A$1.2 million annually.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BetMakers Secures New Agreement with Penn Entertainment, Driving Growth

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Betmakers Technology Group ( (AU:BET) ) has provided an announcement.

BetMakers Technology Group has announced a new three-year agreement with Penn Entertainment to distribute Penn’s racing content, which is expected to enhance BetMakers’ revenue and EBITDA by approximately A$1.2 million per annum. The company is experiencing strong digital momentum with the launch of eight new digital customers in Q2 FY26 and plans for further expansion, positioning itself for continued growth and improved financial performance in the coming years.

The most recent analyst rating on (AU:BET) stock is a Hold with a A$0.14 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 is a company operating in the digital wagering industry, focusing on providing digital wagering products and services. The company has a strong market presence with a focus on expanding its digital customer base globally.

Average Trading Volume: 1,389,872

Technical Sentiment Signal: Hold

Current Market Cap: A$179M

Learn more about BET stock on TipRanks’ Stock Analysis page.

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