tiprankstipranks
Company Announcements

BlueBet Holdings Reports Strong Q1 Post-Merger

BlueBet Holdings Reports Strong Q1 Post-Merger

BlueBet Holdings Ltd. (AU:BBT) has released an update.

BlueBet Holdings Ltd. has reported a strong first quarter after merging with betr, showcasing impressive revenue outcomes and a successful rebranding in a record 59 days. The company, now a larger and more efficient Australian-focused business, is on track to achieve monthly EBITDA positivity by the end of the first half. This strategic move positions BlueBet for profitable growth and increased market share in the Australian wagering market.

For further insights into AU:BBT stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App