Online wagering company, BlueBet Holdings Limited (Proposed ASX: BBT), are the latest online wagering company to make their public debut, expected to list on the exchange on July 2. BlueBet were looking to raise $80M, asking $1.14 per share, giving the company an indicative market cap at completion of the offer of $228.1M. BlueBet was
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The bidding war for Tabcorp’s wagering business is heating up with the first domestic offer made by tech company BetMakers (ASX: BET) which is being advised by sportsbetting kingmaker Matt Tripp, with a bid valued at $4 billion. Despite the bid being from a Company whose market cap sits around $1.3 billion, the Aussie homegrown
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One of the worst kept secrets in the wagering industry is now in the open with Australia’s largest operator Tabcorp (ASX: TAH) confirming they have knocked back unsolicited offers for their wagering business but will review options to maximise its potential sale price. Confirmation that offers from unnamed parties have been knocked back comes with
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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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When it comes to bookmaking and sportsbetting, no man in Australia has been more successful in the online-era than businessman Matt Tripp who has confirmed his next wagering venture with a $25 million investment into small cap bookmaking tech company BetMakers (ASX: BET). Tripp is best known as the founder of SportsBet which he built
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Australian bookmaker Pointsbet (ASX: PBH) has secured valuable on-court and stadium advertising in the United States having been appointed the official sports gaming partner of the Indiana Pacers NBA team. The multi-year agreement with Pacers Sports & Entertainment will enable Pointsbet to have it’s branding printed along the baseline of the Pacers’ home court in
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