Australian wagering tech company BetMakers Technology (ASX: BET) has signed two-year market access and content agreements with the online British-based bookmaker Bet365 relating to New Jersey and Colorado. As per the agreements, Bet365 will be licensed by BetMakers to offer fixed odds bets on thoroughbred horse racing to Bet365 customers within New Jersey. Bet365 will
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While most companies create grand plans to enter the US, online wagering company PointsBet (ASX: PBH) is glad to wash its hand off its American arm since selling it off to Fanatics Betting and Gaming in August 2023. With the first installment of $275.4 million being received, PointsBet is finally focusing on its Australian and
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A year on from the demerger from their lotteries business, wagering company Tabcorp (ASX: TAH) has reported $66.5 million in profit thanks to a major digital transformation and favourable regulatory changes that have returned the household brand back to becoming a preferred bookmaker amongst punters. Demerging from The Lottery Corporation (ASX: TLC) in May 2022
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Global content powerhouse NBCUniversal (NBCU) and Australian bookie PointsBet (ASX: PBH) are continuing their success story with a two-year extension to their existing five-year, US$500m partnership. The original five-year deal – struck in 2020 – required PointsBet to spend US$90m per year on advertising across all NBC-owned networks, but today has been revised to US$58m
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Even the fondest of Pointsbet (ASX: PBH) shareholders can’t remember the last time the Company actively promoted their Australian business to shareholders, rather focusing solely on their US expansion where the bookmaker has been a pioneer in the regulatory battlefield, unlocking access to each individual State in a slow and expensive process. As a reward
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Drawing upon a deep understanding of cognitive culture in the United States, bookmaker PointsBet (ASX: PBH) is set to make a big push into in-play betting for US sports through the $43 million acquisition of Irish risk management company Banach Technology, a market leader in in-play trading. Specialising in risk management platforms and quantitative driven
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