BlueBet Holdings Ltd. ( (AU:BBT) ) has shared an update.
betr Entertainment Limited has successfully completed an institutional component of its $130 million equity raising, garnering strong support from both existing and new investors. The funds raised will aid in the company’s growth strategy and its proposal to acquire PointsBet, reflecting confidence in betr’s approach to capitalize on the consolidation of the Australian wagering market.
More about BlueBet Holdings Ltd.
betr Entertainment Limited operates within the Australian wagering industry, focusing on providing betting and gaming services. The company is actively engaged in expanding its market presence through both organic growth and strategic acquisitions.
Average Trading Volume: 444,654
Technical Sentiment Signal: Sell
Current Market Cap: A$185.8M
See more data about BBT stock on TipRanks’ Stock Analysis page.