Betmakers Technology Group Ltd (ASX:BET) (OTCMKTS:TPBTF) 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.
BetMakers Technology Group Limited (ASX:BET) (FRA:T07) announces the completion of its Share Purchase Plan ("SPP") which closed at 5:00pm (AEDT) on 15 January 2021. In accordance with the SPP Offer Booklet, the SPP provided Eligible Shareholders with the opportunity to subscribe for up to A$30,000 of new fully paid ordinary shares.
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.
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.
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.
Sportech has announced that is has since received a conditional proposal from a third party to acquire all of the shares in Sportech PLC, which among other things, remains subject to due diligence.
The Board of BetMakers Technology Group Limited (ASX:BET) (FRA:T07) is pleased to announce that it has received firm commitments to raise A$50 million under a placement via the issue of approximately 83.3 million new fully paid ordinary shares at an offer price of A$0.60 to institutional and sophisticated investors.
The Board of BetMakers Technology Group Limited (ASX:BET) (FRA:T07) is pleased to announce it has entered into binding agreements to acquire global assets of leading international online sports betting company Sportech PLC for A$56.2million on a cash-free, debt-free basis.
