29/7/24 - Matt Davey “We are encouraged with the progress in our...

29/7/24 - Matt Davey

“We are encouraged with the progress in our international operations, which we expect to contribute to the long-term growth of the BetMakers business."

“In addition, we are continuing to execute on our turnaround strategy of enhanced operating discipline with the
tightening of our operating expenses, with a focus on higher margins and profitability. The work our team has
done in this area means we expect to see margin improvement in FY25.

"The rollout of the NexGen platform is expected to significantly improve operations in
Australia, both from a product leadership perspective and in terms of profitability, and we are hopeful to launch
this in the coming months"

“There is substantial progress being made across the entire business, from partnerships and new customers to
operating efficiencies to lower the cost base. We expect to see benefits of this increased operating leverage in
FY25 and beyond.”