BetMakers has signed an agreement with the Royal Sabah Turf Club, providing its solutions to the Malaysian racecourse operator and its betting network. The five-year deal will see BetMakers deliver a tote betting system along with content management services at the Tambalang Race Course and the Royal Sabah’s off-course betting network, via its Global Tote and Global Racing Network divisions. …
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Venture capital fund Tekkorp Capital has announced that it will launch a new sportsbook business in Australia, partnering with the Murdoch family’s News Corp Australia media subsidiary. Expected to launch in the latter half of this year, Tekkorp’s venture will be led by Australian market figurehead Matt Tripp, Founder of Sportsbet AUS, who will be charged with establishing Australia’s next …
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Sportech Plc has backed its ongoing transformation strategy and focus on cost management, as the London AIM-listed racing and wagering systems provider declared statutory profits of £34.6m today. The much-improved bottom-line results see the firm reverse full-year losses of £12m recorded during 2020 trading. 2021 developments saw Sportech complete the disposals of its Global Tote business to BetMakers – Bump …
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BetMakers Technology Group will further develop its fixed odds and racing wagering products after signing a new, long-term partnership with Racing and Wagering Western Australia (RWWA). Under the terms of the agreement, BetMakers will provide fixed odds win, place and exotic bet types for all codes of racing across all RWWA’s sales channels including TABtouch as well as more than …
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Technologies from Global Tote, a BetMakers company, have helped British racing’s World Pool expand to new racecourses across the UK. Praising its Quantum technologies and services, Global Tote revealed that World Pool has been rolled out to 17 race days across six racecourses in 2021. The BetMakers company also noted that in the last 12 months it has added a …
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Our typical investment is “not well-understood” by most people, said Waterhouse VC Chief Investment Officer Tom Waterhouse, who outlined how his fund invests in businesses solving key problems for both the operator and the customer. He told SBC Americas why the fund is looking at high-growth opportunities in very specific areas, including companies within the emerging Metaverse space and those …
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Tabcorp subsidiary Sky Racing World has signed an agreement with North American 1/ST TECHNOLOGY, leveraging the latter’s AmTote International product. As 1/ST TECHNOLOGY’s leading offering in its portfolio, AmTote will be utilised by Sky Racing World as its wagering platform, initially to facilitate international commingling into Australian racing hosts’ pools for greyhound racing from the North American market. The new …
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Sportech Plc has confirmed that it has completed its full public listings migration onto the London AIM exchange. As of 8:00 AM this morning, the London AIM accepted the admission of Sportech shares priced at 20 pence each, with the wagering and racing systems supplier maintaining its ‘SPO’ ticker. Sportech’s listings migration was first proposed last June, as the company’s …
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BetMakers has signed a multi-year partnership with Sports Information Services (SIS) and the Racecourse Media Group (RMG) covering live streaming of British and Irish horse racing vision and wagering content. As a result of the deal, BetMakers will act as an authorised supplier of vision and content held under rights by SIS and RMG to approved Australian corporate sports betting …
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Entain has issued a statement expressing ‘disappointment’ at the decision by Australian operator Tabcorp Holdings to demerge its Wagering & Gaming and Lotteries & Keno businesses. Making its announcement this morning, Tabcorp revealed plans to establish the aforementioned business sections as independent ASX registered companies – known as Wagering & GamingCo and Lotteries & KenoCo respectively – with jurisdiction across …
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