BET 1.22% 8.3¢ betmakers technology group ltd

They now own two other businesses - Global Betting Services...

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  1. 321 Posts.
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    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.
 
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