the Board of BetMakers Technology Group Limited (ASX:BET) (FRA:T07) is pleased to announce that the Company has completed the issue and allotment of 83,333,334 fully paid ordinary shares to raise A$50 million at A$0.60 per Placement Share from sophisticated and institutional investors.
The Board of BetMakers Technology Group Limited (ASX:BET) (FRA:T07) is pleased to announce further details of the Company's previously announced non-underwritten A$10 million Share Purchase Plan ("SPP") after receiving approval from Sportech PLC shareholders for the acquisition of the Racing and Digital assets of Sportech.
The Board of BetMakers Technology Group Limited (ASX:BET) (FRA:T07) is pleased to announce that the acquisition of the Racing and Digital assets of leading international online sports betting company, Sportech PLC, for GBP30.9 million has been approved by Sportech shareholders.
BetMakers has secured the rights to manage Fixed Odds wagering (through its Managed Trading Services division) for Fixed Odds bets placed on all horse racing, including Jamaican and international race meetings, through SVREL channels including their online site, at more than 100 Off Track Betting (OTB) parlours and on track at Caymanas Park.
Etherstack plc (ASX:ESK) is pleased to announce it successfully raised AUD $5 million via an institutional Placement with new institutional investment funds and HNW investors.
The Board of Sportech PLC announced to the London Stock Exchange on 17 December 2020 that it had terminated talks with Standard General and further reiterated its recommendation that Sportech shareholders vote in favour of the resolution to approve the disposal of the Tote and Digital Business to BetMakers.
In the past six months, the company has had significant success through the delivery of its first major digital radio network to the Royal Canadian Mounted Police, entering into a Global Teaming Agreement with Samsung and signing a AUD $4.1m deal with the Australian Department of Defence.
Draftstars, Australia's No.1 Daily Fantasy Sports (DFS) platform, owned by PlayUp Limited, will be offering over $1 million in prize pools for the BBL, including a $40,000 prize pool in the first match!
The Board of BetMakers Technology Group Limited (ASX:BET) (FRA:T07) notes the proposed acquisition of the tote and digital business from Sportech PLC which was announced to ASX on 1 December 2020.
Etherstack plc (ASX:ESK), the Sydney based wireless technology company, has chalked up an early defence win with the Australian Department of Defence. The deal announced today is an opening $4.1m for technology and services as part of potential a multi-stage agreement.
