Tag Archives: NTD

BetMakers Technology Group finalised a six month period of ‘significant investment’ with strong revenue growth across two of its core verticals, amid major commercial developments for the firm. The B2B betting technology supplier, an ASX-listed enterprise, revealed revenue for 1H23 (1 July-31 December 2022) of A$46.7m, up 7.5% on corresponding H122 earnings of A$43.5m. On the other hand, the group …

International betting company PointsBet has entered into discussions with newly launched Australian operator NTD for the sale of its operating arm in the country.  PointsBet confirmed that preliminary discussions were underway following reports of the potential transaction in The Australian newspaper.  The firm stated that any decisions taken would be done so in pursuit of its objective of maximising value …

Having secured terms to two major partnerships during the first quarter of FY23 (Q3 2022), BetMakers has closed the three-month period in a strong financial and commercial position. In a statement to its investors on the ASX, the sportsbook platform provider detailed that its total cash receipts for Q1 FY23 – July to September 2022 – stood at AUS$23.8m, a …

As the ink dries on a number of partnership contracts, BetMakers’ CEO Todd Buckingham is confident in the company’s financial future as FY22 revenue rose by 371% from the previous year. As detailed in its FY22 financial report, the Australian sportsbook technology and software provider revealed that revenue (June 2021-June 2022) stood at AUS$91.6m (2021: AUS$19m). Adjusted EBITDA was positive …

Australian sports betting tech supplier BetMakers has made amendments to a partnership between its OM Apps subsidiary and the soon-to-be-launched NTD wagering venture.  This will see the annual cap payable by NTD to OM Apps increased by an incremental AUS$2m per annum during the initial 10 year term, and any additional extended term beyond this.  As a result, the maximum …