BlueBet agrees to acquire TopSport assets in Australia
BlueBet agreed on 5 February 2025 to acquire certain assets from Merlehan Booking, which trades as TopSport, under a binding asset sale agreement. BlueBet said it would raise A$15m through an equity issue of 44.1 million shares to fund the upfront payment and integration and migration costs. TopSport chief executive Tristan Merlehan is due to join BlueBet as chief trading officer after the deal closes.
The proposed asset acquisition would expand BlueBet’s Australian wagering business, supported by an equity raise.