BET 1.19% 8.3¢ betmakers technology group ltd

Ann: PointsBet Launches BET's Live International Racing Channel, page-11

  1. 321 Posts.
    lightbulb Created with Sketch. 28
    They now own two other businesses - Global Betting Services (GBS) and Dynamic Odds. These are businesses used by all the bookies which have long-term contracts, as well as punters. Hence, revenue is really high, and I believe they're aiming at 3m+ EBITDA for FY20. The way I understand it is, they offer data services to wagering participants, whether that is bookies, or racing bodies such as Racing Victoria/Racing NSW etc. The business has the capacity to grow in Australia, by ramping up their service to racing bodies, as well as internationally (The US). I reckon BET can piggyback on Pointsbet's success in the US and hopefully generate some hype, as well as growing EBITDA.
 
watchlist Created with Sketch. Add BET (ASX) to my watchlist
(20min delay)
Last
8.3¢
Change
-0.001(1.19%)
Mkt cap ! $80.10M
Open High Low Value Volume
8.3¢ 8.3¢ 8.0¢ $38.76K 476.5K

Buyers (Bids)

No. Vol. Price($)
1 100000 8.1¢
 

Sellers (Offers)

Price($) Vol. No.
8.3¢ 54245 4
View Market Depth
Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
BET (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.