OPERATIONAL ACHIEVEMENTS
During the past 12 months The BetMakers has laid the foundation for the next stage of growth. Key achievements during this time are:
Financial
- B2B revenue growing by more than 50% annually
- Significant cost reduction achieved through cost rationalisation and extraction of group synergies
- Achieved profitability in March quarter, Underpinned by recurring revenues and a reduced cost base
Operations
- Acquired and integrated DynamicOdds & Global Betting Services
- Signed or extended agreements with the Australian retail operators, comprised of almost all major domestic wagering operators. These include Bet Easy, Ladbrokes, Neds, Sportsbet, Bet365, and Unibet
- Signed major global wagering operators Bet365, Unibet, and William Hill Group
Product and services
- Secured the distribution rights to US greyhounds and US racing - delivering bookmakers odds, enhanced data, and vision.
- Launch of Global Racing Distribution across multiple bookmakers. Commenced delivery in March 2019
- Extended racing bodies products to include Integrity Platform solutions
- Launched bookmaker 'customised' racing TV to enable live racing vision on operators platforms
To view the full presentation, please visit:
http://abnnewswire.net/lnk/CV37WK28
About The Betmakers Holdings Limited:
The Betmakers Holdings Limited (ASX:TBH)(OTCMKTS:TPBTF)(FRA:T07), formerly TopBetta Holdings Limited, is an ASX-listed holding company and a global provider of online wagering products and services to both wholesale and retail markets through its various wholly owned subsidiaries. The Company operates a retail wagering business, offering consumers wagering, fantasy tournament and content products and services. Global Tote Australia Pty Ltd conducts TBH's Wholesale Business, which includes operating and licensing its wholesale tote product which enables licensed wagering operators, including corporate bookmakers and tote operators from all over the world, to participate in global pools. The Wholesale Business is conducted under a B2B licence granted by the UK Gambling Commission to Global Tote Limited, a company incorporated in Alderney, UK.
Source:
The Betmakers Holdings Limited
Contact:
Charly DuffyCompany SecretaryE: companysecretary@thebetmakers.comM: + 61-409-083-780Jane MorganMedia RelationsE: investors@thebetmakers.comM: +61-405-555-618