BetMakers launched an advance deposit wagering platform for Monmouth Park, a New Jersey thoroughbred racetrack. The service initially covers 12 US states and uses Global Tote’s GTX platform; further state additions are expected in early 2026.
The launch extends BetMakers’ wagering platform to customers in 12 states and introduces GTX through Monmouth Park.
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Tabcorp recorded FY 2026 revenue of AUD2.6bn. The report linked the result to improved trading conditions and said a BetMakers acquisition was approaching.
BetMakers Technology Group signed an agreement with French racing betting operator PMU to provide systems for pool and fixed-odds betting services. PMU said the partnership supports its international development strategy and aims to extend the reach of its races.
BetMakers Technology Group has signed a deal with Pari-Mutuel Urbain, the French state-owned company holding a monopoly on horse racing betting. The Australian betting technology group said business continues as usual following Tabcorp's multi-hundred-million dollar purchase of the company.
It was reported that Fitch assessed Tabcorp’s BetMakers acquisition as credit neutral. The ratings agency said an AUSTRAC investigation remained the company’s principal near-term concern.
Tabcorp agreed to acquire all issued shares in BetMakers for AU$267 million under a proposed scheme announced on Monday. Shareholders would receive AU$0.24 per share in cash, with an option to take some consideration in Tabcorp shares, subject to a 25% cap on the transaction value. Completion requires shareholder and court approval, competition clearance and gaming and racing authority consent.