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BlueBet Holdings Ltd.
(Sydney:BBT)
BlueBet Holdings Ltd. (BBT) vs. iShares MSCI Australia ETF (EWA)
BlueBet Holdings Ltd. Business Overview & Revenue Model
BlueBet Holdings Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 132.04M | 132.04M | 57.59M | 49.02M | 49.67M | 32.35M |
| Gross Profit | 40.16M | 54.73M | 6.65M | 1.47M | 10.97M | 13.22M |
| EBITDA | -18.74M | -4.20M | -42.41M | -18.28M | -5.48M | 4.74M |
| Net Income | -6.80M | -6.80M | -46.92M | -18.83M | -6.07M | 2.98M |
Balance Sheet | ||||||
| Total Assets | 282.78M | 282.78M | 37.51M | 55.09M | 58.21M | 59.49M |
| Cash, Cash Equivalents and Short-Term Investments | 104.88M | 104.88M | 24.49M | 22.70M | 47.27M | 56.10M |
| Total Debt | 38.95M | 38.95M | 580.00K | 1.01M | 1.28M | 1.09M |
| Total Liabilities | 84.60M | 84.60M | 34.08M | 26.24M | 12.85M | 10.88M |
| Stockholders Equity | 198.18M | 198.18M | 3.43M | 28.85M | 45.37M | 48.61M |
Cash Flow | ||||||
| Free Cash Flow | -19.71M | -19.71M | -16.68M | -23.89M | -7.60M | 7.75M |
| Operating Cash Flow | -19.31M | -19.31M | -13.35M | -14.22M | -967.00K | 8.41M |
| Investing Cash Flow | -69.85M | -69.85M | -3.33M | -10.50M | -6.63M | -663.00K |
| Financing Cash Flow | 169.66M | 169.66M | 18.26M | -272.00K | -1.24M | 43.61M |
BlueBet Holdings Ltd. Technical Analysis
BlueBet Holdings Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | AU$181.77M | 19.90 | 43.45% | 4.90% | -4.01% | -12.08% | |
| ― | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
| ― | AU$12.58B | 34.39 | 106.73% | 2.93% | -6.28% | -11.67% | |
| ― | $2.44B | 66.56 | 2.89% | 1.89% | 8.62% | ― | |
| ― | AU$215.94M | ― | -25.15% | ― | -10.59% | 32.75% | |
| ― | $347.59M | ― | -142.61% | ― | 6.47% | 60.03% | |
| ― | AU$274.41M | ― | -14.71% | ― | 126.29% | 95.17% |
BlueBet Holdings Ltd. Corporate Events
Harvest Lane Asset Management and its associated entities have ceased to be substantial holders in Betr Entertainment Limited, a company listed on the ASX under the ticker BBT. This change occurred as a result of Harvest Lane Asset Management tendering their shares into a share buy-back program at $0.32 per share, affecting 104,051,755 ordinary shares and votes.
The most recent analyst rating on (AU:BBT) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited announced it will release its Q1 FY2026 Quarterly Update on October 30, 2025, accompanied by an investor conference call. This update and call signify the company’s ongoing commitment to transparency and engagement with stakeholders, potentially impacting its market positioning and investor relations.
The most recent analyst rating on (AU:BBT) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
BETR Entertainment Limited has announced the final notification of its selective buy-back program, acquiring a total of 127,029,704 ordinary fully paid securities under the ASX code BBT. The buy-back, which concluded with a total consideration of AUD 40,649,505.28, marks a significant move in the company’s capital management strategy, potentially impacting its market positioning and shareholder value.
The most recent analyst rating on (AU:BBT) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited has completed a selective buy-back of 127,029,704 fully paid ordinary shares at a fixed price of $0.32 per share, totaling $40,649,505.28. This strategic move will result in the cancellation of the bought-back shares, potentially impacting the company’s share structure and market positioning.
The most recent analyst rating on (AU:BBT) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited has successfully completed a selective buy-back of its fully paid ordinary shares at a fixed price of $0.32 per share, amounting to 10.87% of its issued share capital. The buy-back, which will result in the cancellation of the shares, reflects the company’s strategic financial management and could impact shareholder value positively by potentially increasing earnings per share.
The most recent analyst rating on (AU:BBT) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Timothy Hughes has ceased to be a director of betr Entertainment Limited as of October 7, 2025. The announcement details Hughes’ interests in securities, including 693,051 fully paid ordinary shares held through Old Year Pty Ltd as trustee for the Egnar Holdings Superfund. This change in directorship may impact the company’s governance and strategic direction, potentially affecting stakeholders and market perception.
The most recent analyst rating on (AU:BBT) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Betr Entertainment Limited has announced the appointment of Andrew Menz as a director, effective October 7, 2025. Menz holds 647,804 fully paid ordinary shares and 2,591,217 performance share rights, indicating a significant stake in the company. This appointment may impact the company’s strategic direction and governance, potentially influencing stakeholder confidence and market perception.
The most recent analyst rating on (AU:BBT) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Betr Entertainment Limited has announced the appointment of Alexandra Baker as a director, effective October 7, 2025. The initial director’s interest notice indicates that Baker currently holds no relevant interests in securities, either as a registered holder or otherwise, and has no interests in related contracts. This appointment is a procedural update and does not imply immediate changes to the company’s operations or market strategy.
The most recent analyst rating on (AU:BBT) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited announced the key terms of the service agreement with Andrew Menz, who has been appointed as Executive Director. Menz, who has been CEO since July 2024, will receive a fixed annual remuneration of $668,400 and variable incentives based on performance. His employment is not fixed-term and can be terminated by either party with a 12-month notice. The agreement includes post-employment non-compete restraints for up to 12 months. This move is part of the company’s strategy to strengthen its leadership and maintain its competitive edge in the Australian wagering market.
The most recent analyst rating on (AU:BBT) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited has announced the appointment of Alexi Baker and Andrew Menz as directors, effective 7 October 2025. Alexi Baker, with extensive experience in media, sport, digital, and M&A, joins as an independent Non-Executive Director, while Andrew Menz, the company’s CEO, is appointed as an Executive Director. These changes result in an equal split of independent and non-independent directors on the board, which the company considers appropriate given its current stage of development and strategic priorities, despite not meeting ASX’s recommendation for a majority of independent directors.
The most recent analyst rating on (AU:BBT) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
BlueBet Holdings Ltd. announced a takeover bid for all ordinary shares in PointsBet Holdings Limited. The offer, which closed on September 25, 2025, aligns with the company’s strategic focus on expanding its presence in the Australian wagering market. This move is expected to strengthen BlueBet’s market position and potentially increase shareholder value.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited has announced a selective buy-back of eligible shares at $0.32 per share, with the closing date set for October 16, 2025. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, although it is not open to shareholders outside Australia, highlighting a focus on domestic operations.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited has announced the opening of a selective buy-back program for up to 132,741,833 fully paid ordinary shares at a fixed price of $0.32 per share. This program is voluntary and available to certain former PointsBet Holdings Limited shareholders who meet specific eligibility criteria. The buy-back, which has already been approved by betr shareholders, will close on 16 October 2025, with payments to participating shareholders scheduled for 23 October 2025. Eligible shareholders who do not participate will retain their existing shares.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Ellerston Capital Limited has announced that it has ceased to be a substantial holder in BETR Entertainment Limited as of September 29, 2025. This change indicates a shift in Ellerston Capital’s investment strategy or portfolio management, potentially impacting BETR Entertainment’s shareholder composition and market perception.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
BETR Entertainment Limited has announced an update to its selective buy-back program, which was approved by shareholders on September 22, 2025. The update includes changes to the buy-back timetable and the total number of shares on issue, reflecting the company’s strategic financial management decisions.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited has concluded its off-market takeover bid for PointsBet Holdings Limited, acquiring a 27.72% voting power in PointsBet. This acquisition allows betr to influence shareholder decisions and engage constructively with PointsBet’s board on value creation. As a result of the offer, betr will issue approximately 132.74 million new shares to PointsBet shareholders. Following the offer’s closure, betr will proceed with a Selective Buy-Back, which will open on 2 October 2025.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited announced that all resolutions proposed at their Extraordinary General Meeting were passed, except for the withdrawn Resolution 3 regarding MIXI Australia’s participation in a Selective Buy-Back. This outcome reflects strong shareholder support for the company’s strategic decisions, potentially enhancing its market position and operational capabilities.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Betr Entertainment Limited has announced that its takeover offer for PointsBet Holdings Limited is now unconditional, following shareholder approval for the issuance of offer consideration and a selective buy-back. As a result, Betr now holds a 27.12% interest in PointsBet shares. The offer is set to close on 25 September 2025 and will not be extended.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited has announced a significant stake in PointsBet shares, aiming to influence shareholder interests and engage with MIXI and the PointsBet Board on value creation. The company reported a successful FY25 with a turnover surge of 140% to $1.42 billion and an adjusted EBITDA of $7.2 million, exceeding expectations. As betr moves into FY26, it plans to leverage its strengths in a competitive market, with new customer-facing products and a Selective Buy-Back to enhance shareholder value.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited announced the release of 4,411,764 ordinary shares from voluntary escrow on 1 October 2025, related to the TopSport acquisition. This release represents 50% of the completion shares, indicating a significant step in the integration process following the acquisition, potentially impacting the company’s market positioning and stakeholder interests.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited has announced its intention to acquire all shares of PointsBet Holdings Limited that it does not already own, through an off-market takeover offer. The company has declared the offer free from several defeating conditions, including shareholder approval and material adverse change conditions. This move potentially strengthens betr’s position in the market by increasing its stake in PointsBet to 20.5%, signaling a strategic expansion in its operations.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Betr Entertainment Limited has announced an update regarding its off-market takeover offer to acquire all shares of PointsBet Holdings Limited. The company has removed certain conditions from the offer, including the AGCO Approval Condition, IGO Approval Condition, and PointsBet Employee Incentives Condition, but notes that other conditions remain unfulfilled. As of the announcement, Betr Entertainment holds a 20.50% voting power in PointsBet, indicating a significant stake in the company.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited is engaged in an off-market takeover bid to acquire all shares of PointsBet Holdings Limited that it does not already own. The company has addressed concerns raised by PointsBet regarding its financial position and ability to proceed with a Selective Buy-Back, confirming it has obtained necessary consents and has a solid cash position to support its strategic moves.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
PointsBet Holdings Limited, a company in the online betting industry, is currently facing a takeover bid situation. MIXI Australia Pty Ltd has successfully gained control over PointsBet by acquiring more than 50% of its voting power, effectively sidelining betr Entertainment Limited’s unsolicited scrip-based offer. MIXI Australia has stated its intention to maintain PointsBet as a competitor to betr in the online betting market and will not collaborate with betr, ensuring that betr has no influence on PointsBet’s board.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited has announced the withdrawal of Resolution 3 from its upcoming Extraordinary General Meeting agenda. This resolution, concerning MIXI Australia’s participation in a Selective Buy-Back, was deemed unnecessary as MIXI Australia has opted not to accept the betr Offer. The withdrawal does not affect the validity of proxy forms related to the meeting.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
PointsBet Holdings Limited is currently facing two competing takeover offers: a recommended cash offer from MIXI Australia Pty Ltd and an unsolicited all-scrip, reverse takeover offer from betr Entertainment Limited. The Panel has allowed betr to vary its undertaking concerning a Selective Share Buy-Back, as MIXI Australia has decided not to accept betr’s offer, making certain shareholder approvals unnecessary. This decision could streamline the takeover process for betr, impacting PointsBet’s future ownership structure and market strategy.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Betr Entertainment Limited has announced a change in the interests of its director, Michael Sullivan. The company disclosed that Sullivan has converted 884,277 Performance Share Rights into fully paid ordinary shares as part of the company’s Employee Share Scheme. This change reflects an increase in Sullivan’s indirect holdings of ordinary shares, which may impact the company’s governance dynamics and shareholder alignment.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
BETR Entertainment Limited has announced the quotation of 9,423,953 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of September 3, 2025. This move is part of the company’s strategy to enhance its capital structure and potentially increase its market liquidity, which could positively impact its operations and market positioning.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited has appointed Ms. Laura Newell as Joint Company Secretary, effective immediately. With over 15 years of experience in corporate governance, Ms. Newell will share responsibilities with CFO Darren Holley, particularly focusing on communications with the ASX regarding Listing Rule matters. This strategic appointment is expected to enhance the company’s compliance and governance frameworks, potentially strengthening its position in the Australian wagering market.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
PointsBet Holdings Limited, a company involved in the gaming and betting industry, is currently the subject of two competing takeover offers from betr Entertainment Limited and MIXI Australia Pty Ltd. The Takeovers Panel has declined to conduct proceedings on an application by betr, which challenged the issuance of new shares by PointsBet. The Panel found that the issuance of shares under PointsBet’s Key Employee Equity Plan was justified and that intervening could negatively impact the market’s efficiency and competitiveness.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
PointsBet Holdings Limited, a company involved in the gaming and betting industry, is currently the subject of two competing takeover bids. MIXI Australia Pty Ltd has made a recommended cash offer, while betr Entertainment Limited has proposed an unsolicited all-scrip, reverse takeover offer. betr, holding a 19.6% interest in PointsBet, has raised concerns over the PointsBet board’s decision to accelerate the vesting of performance rights, arguing it unfairly influences the takeover process in favor of MIXI. betr is seeking orders to prevent further acceleration of vesting and to cancel shares issued under the performance rights, citing potential impacts on the competitive market dynamics and control of PointsBet.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Betr Entertainment Limited has released its financial results for the fiscal year ending June 30, 2025. The presentation, intended for investors, highlights historical financial data and emphasizes that past performance should not be seen as an indicator of future outcomes. The company cautions stakeholders about the use of non-IFRS financial measures and the inherent risks and uncertainties in forward-looking statements. The release is primarily for informational purposes and not as financial advice or an investment offer.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Betr Entertainment Limited has released its corporate governance statement for the financial year ending June 30, 2025. The statement, which is available on their website, outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations. This disclosure is part of their compliance with ASX Listing Rules, ensuring transparency and accountability in their governance practices. The statement highlights the company’s commitment to solid management foundations, including board responsibilities, director appointments, and executive agreements.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited reported a significant increase in revenues, up 122.4% to $132,328,000, while reducing its annual loss by 85.5% to $6,801,000 for the year ending June 2025. The company’s strategic acquisitions and improved financial performance suggest a strengthening position in the market, although no dividends were declared for the period.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
PointsBet Holdings Limited has issued a supplementary target’s statement in response to an off-market takeover bid by betr Entertainment Limited. The bid involves an offer of 4.375 betr shares for every PointsBet share, conditional on betr shareholder approval. Recent developments include an extension of the offer period and the removal of certain conditions, impacting PointsBet’s strategic options and potentially affecting shareholder decisions.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Betr Entertainment Limited has announced an update regarding its off-market takeover offer for PointsBet Holdings Limited. The company has decided to free the offer from the ‘PointsBet Employee Incentives Condition,’ which could potentially streamline the acquisition process. This move indicates Betr Entertainment’s strategic efforts to consolidate its position in the market by acquiring a significant stake in PointsBet, where it already holds a 19.1% voting power.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Betr Entertainment Limited has announced an increase in its offer consideration for the acquisition of PointsBet Holdings Limited. The revised offer now stands at 4.375 betr shares for each PointsBet share, implying a value of $1.40 per share, which surpasses a competing offer from MIXI. This move is part of betr’s strategic effort to strengthen its position in the market by acquiring PointsBet, urging the PointsBet board to reconsider its previous recommendation in favor of MIXI’s offer.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited has announced an increase in its offer consideration to acquire all shares of PointsBet Holdings Limited not already held by betr. The offer consideration has been raised to 4.735 betr shares, equating to $1.40 per PointsBet share, which is superior to a competing offer. Additionally, betr has increased its selective buy-back pool to $90 million, demonstrating strong shareholder support for the resolutions to be voted on at the upcoming shareholder meeting. This strategic move is expected to strengthen betr’s position in the market and enhance shareholder value.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Betr Entertainment Limited has issued a First Supplementary Bidder’s Statement as part of its off-market takeover bid for PointsBet Holdings Limited. Betr has decided not to accept the MIXI offer for PointsBet shares and will not extend its offer period beyond October 2, 2025. The company believes its offer provides superior value to PointsBet shareholders, with potential cost synergies of up to $44.9 million. Additionally, betr plans to proceed with a Selective Buy-Back, contingent on shareholder approval.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited has announced an extraordinary general meeting for its shareholders to discuss several key resolutions, including a proposed share issue, a selective buy-back, and a refresh of the company’s placement capacity. The board has unanimously recommended that shareholders vote in favor of all resolutions, highlighting that the selective buy-back will not materially affect the company’s ability to pay creditors. An independent expert has deemed the buy-back and MIXI’s participation in it as fair and reasonable. Shareholders are encouraged to read the full notice of the meeting to understand the implications of their votes.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
BlueBet Holdings Ltd. has announced an Extraordinary General Meeting to discuss a Selective Buy-Back involving MIXI. The Independent Expert’s Report, provided by Grant Thornton Corporate Finance Pty Ltd, deems the buy-back fair and reasonable for non-participating and non-associated shareholders. The meeting will take place online, and the timetable for the offer and buy-back process is subject to change. This move could impact shareholder dynamics and market positioning.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Betr Entertainment Limited has announced an extension of its offer period for the off-market takeover bid to acquire all shares of PointsBet Holdings Limited that it does not already own. The new closing date for the offer is set for 7:00 pm on 25 September 2025. This extension provides additional time for PointsBet shareholders to consider the offer and potentially impacts the company’s strategic positioning and shareholder decisions.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited announced it will release its FY2025 Financial Results and Investor Update on August 28, 2025, followed by an investor conference call. This announcement signifies the company’s commitment to transparency and engagement with its stakeholders, potentially impacting its market position and investor relations.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
PointsBet Holdings Ltd. has issued a Target’s Statement in response to an unsolicited takeover offer from betr Entertainment Limited. The PointsBet Board unanimously recommends that shareholders reject the offer, which proposes an all-scrip exchange of 4.219 betr shares for each PointsBet share. The statement has been lodged with the Australian Securities and Investments Commission and is being distributed to shareholders through various communication channels.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Betr Entertainment Limited has announced the removal of a condition from its off-market takeover offer for PointsBet Holdings Limited. The company has freed the offer from the ‘IGO Approval Condition,’ which could facilitate a smoother acquisition process, potentially increasing its stake in PointsBet beyond the current 19.6%.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Betr Entertainment Limited has completed the dispatch of its replacement bidder’s statement for an off-market takeover offer to acquire all shares in PointsBet Holdings Limited that it does not already own. The offer, which was sent to PointsBet securityholders, is set to close on September 22, 2025, unless extended or withdrawn, marking a significant step in Betr Entertainment’s strategic acquisition efforts.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
PointsBet Holdings Limited, a company involved in the gaming and betting industry, is currently the subject of two competing takeover offers: a cash offer from MIXI Australia Pty Ltd and a reverse takeover offer from betr Entertainment Limited. The Takeovers Panel has decided not to conduct proceedings on an application from betr Entertainment, which challenged aspects of the MIXI offer and its confidentiality agreement with PointsBet. The Panel concluded that the current situation allows PointsBet shareholders to adequately assess both offers, and there was no need for further action.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited has announced the withdrawal of its Notice of Meeting and the cancellation of its Selective Buy-Back Meeting initially scheduled for August 25, 2025. This decision is in connection with the Takeovers Panel proceedings related to betr’s all-scrip, off-market takeover offer for PointsBet Holdings Limited. betr will issue a new notice of meeting to address shareholder approval for both the issuance of shares under the takeover offer and the selective buy-back, accompanied by a report from an independent expert.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
BETR Entertainment Limited, operating under the ASX issuer code BBT, has announced an update to a previous proposal regarding the issue of securities. The update involves the dispatch of a Replacement Bidders Statement and an updated Offer Consideration ratio, which could impact the company’s market operations and stakeholder interests.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Ltd has announced the opening of its takeover offer for PointsBet Holdings Limited, offering PointsBet shareholders 4.219 betr shares for each PointsBet share. The offer is positioned as superior to a competing bid and is expected to generate significant cost synergies and strategic benefits, enhancing the combined business’s profitability and market positioning.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Betr Entertainment Limited has made an all-scrip offer to acquire all ordinary shares of PointsBet Holdings Limited. Under this offer, PointsBet shareholders will receive 3.814.219 betr shares for each PointsBet share they hold. The offer is significant as it involves a complete acquisition of PointsBet by betr, which could impact the market positioning of both companies. Shareholders who are ineligible foreign shareholders or small parcel shareholders will not receive betr shares but will instead receive the net proceeds from the sale of such shares.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Betr Entertainment Limited has announced a replacement bidder’s statement for its off-market takeover offer to acquire all shares in PointsBet Holdings Limited that it does not already own. The offer involves an all-scrip transaction where PointsBet shareholders will receive 4.219 betr shares for each PointsBet share they hold. This move signifies a strategic expansion for betr Entertainment Limited in the gaming and betting industry, potentially impacting PointsBet’s market position and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited announced that the Takeovers Panel has accepted its undertaking and declined to declare unacceptable circumstances regarding its takeover offer for PointsBet Holdings Limited. The company plans to commence the dispatch of its replacement bidder’s statement and open its all-scrip, off-market takeover offer for all fully paid ordinary shares in PointsBet not already held by betr on August 18, 2025.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
PointsBet Holdings Limited is currently facing two competing off-market takeover offers, one from MIXI Australia Pty Ltd and another from betr Entertainment Limited. The Panel has accepted undertakings from betr to address disclosure issues and ensure compliance with relevant provisions, thereby declining to declare unacceptable circumstances. This decision impacts PointsBet’s strategic options and market positioning, while also influencing stakeholder decisions regarding the takeover bids.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
PointsBet Holdings Limited, a company involved in the gaming and betting industry, is currently the subject of competing takeover bids. The Takeovers Panel has received an application from betr Entertainment Limited regarding the affairs of PointsBet, following a scrip takeover offer by betr and a cash takeover offer by MIXI Australia Pty Ltd. MIXI has declared its offer unconditional and increased the cash offer per share, which betr argues could unfairly influence shareholders before they can consider betr’s offer. betr is seeking interim and final orders to ensure a fair process, including delaying MIXI’s acceptance processing and extending the offer period.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited has released a supplementary explanatory memorandum to update shareholders on an increased Offer Consideration ratio for its takeover offer of PointsBet Holdings Limited shares. The board unanimously supports the Selective Buy-Back as being in the best interests of betr shareholders and assures that it will not materially affect the company’s ability to pay creditors.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Betr Entertainment Limited has issued a Supplementary Explanatory Memorandum related to its Extraordinary General Meeting scheduled for August 25, 2025, concerning a Selective Buy-Back Resolution. The company is increasing its offer to PointsBet Holdings Limited shareholders from 3.81 to 4.219 betr shares per PointsBet share, reflecting a higher valuation based on recent trading prices. This move is part of betr’s strategic acquisition plan to consolidate its position in the market, potentially impacting its financial position and prospects. Shareholders are advised to review the updated financial information before voting on the resolution.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited has announced that over 75% of its shareholders support the Selective Buy-Back Resolution, which is set to be voted on at the upcoming shareholder meeting on 25 August 2025. This resolution is part of betr’s strategy to acquire all shares in PointsBet Holdings Limited, with the Selective Buy-Back open to eligible PointsBet shareholders. Additionally, betr has confirmed that all necessary Canadian regulatory approvals for the acquisition have been fulfilled, instilling confidence in the transaction’s progression and potentially strengthening betr’s market position.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Betr Entertainment Limited has announced the fulfillment of a condition related to its off-market takeover offer for PointsBet Holdings Limited. This notice confirms that the AGCO Approval Condition, a requirement for the acquisition, has been satisfied, moving the takeover process forward and potentially impacting the market positioning of both companies.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
Betr Entertainment Limited has released its quarterly activities report for the period ending June 30, 2025. The report provides general information about the company’s financial performance and operations, emphasizing that the data is historical and not indicative of future performance. The presentation includes non-IFRS financial information, which should be interpreted with caution, and highlights the company’s commitment to transparency by lodging continuous disclosure information with the ASX.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
betr Entertainment Limited has announced an increase in its takeover offer for PointsBet Holdings Limited, proposing 4.219 betr shares per PointsBet share, valuing each PointsBet share at $1.35. This offer surpasses a competing bid from MIXI and is aimed at integrating the two businesses to enhance their share in the Australian wagering market. betr anticipates that the PointsBet Board will shift its recommendation from MIXI’s offer to betr’s, as the latter promises greater value creation for shareholders.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
PointsBet Holdings Limited is currently the subject of two competing takeover offers: a cash offer from MIXI Australia Pty Ltd, a subsidiary of Japanese company MIXI, Inc, and an unsolicited reverse takeover offer from betr Entertainment Limited, formerly BlueBet Holdings Limited. PointsBet has raised concerns about the disclosure practices of betr, alleging misleading information regarding the value of the offer and associated synergies. PointsBet argues that these issues affect the market for control of the company and seeks to restrain betr from proceeding with certain actions, such as a selective buy-back, which PointsBet claims contravenes regulatory provisions.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.