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BlueBet eyeing Australian market expansion with $9.4 million TopSport acquisition

BlueBet eyeing Australian market expansion with $9.4 million TopSport acquisition

BlueBet has acquired Queensland bookmaker TopSport in a deal worth AUD 15 million ($9.4 million). The acquisition includes TopSport’s customer base, brand, intellectual property, and key contracts, along with selected employees, including CEO Tristan Merlehan, who joins BlueBet’s executive team as c

24like·0comment02-13
BlueBet will acquire TopSport for strategic market expansion in Australia.

BlueBet will acquire TopSport for strategic market expansion in Australia.

BlueBet Holdings has announced an agreement to acquire the assets of Australian sports betting operator TopSport, a move that will expand its market influence and enhance operational scale.The transaction is conducted in the form of an asset sale, with BlueBet taking over TopSport's customer databas

28like·0comment02-11
BlueBet Acquires TopSport Via Binding Asset Agreement

BlueBet Acquires TopSport Via Binding Asset Agreement

BlueBet Acquires TopSport Via Binding Asset AgreementASX-listed global online wagering provider and sportsbook BlueBet has officially announced its acquisition of TopSport through a binding asset sale agreement.This news marks a significant move expected to strengthen BlueBet’s position in the Austr

25like·0comment02-05
BlueBet to acquire TopSport

BlueBet to acquire TopSport

BlueBet Holdings has entered into a binding asset sale agreement to acquire certain assets of Merlehan Booking, trading as TopSport. To support the acquisition, BlueBet is undertaking an institutional placement to raise gross proceeds of approximately AU$15m by issuing roughly 44.1m new shares. T

31like·0comment02-05
BlueBet EBITDA ahead of forecasts after betr merger

BlueBet EBITDA ahead of forecasts after betr merger

BlueBet, which recently merged with Australian gambling brand betr, posted Q2 turnover of AU$357m, up 131 per cent year-on-year. After the merger last year, BlueBet said in December that it reached a “critical inflection point” by finishing the month of November with positive EBITDA. And in its Q

25like·0comment02-03
BetMakers extends betr partnership after BlueBet merger

BetMakers extends betr partnership after BlueBet merger

BetMakers Technology Group has extended the agreement which sees the company supply Australian operator betr with its fixed-odds solutions, content and data services. The new terms include BetMakers’ Price Manager, which combines the company’s price management and automated trading strategies wit

24like·0comment2024-12-22
BlueBet’s positive EBITDA a ‘critical’ moment

BlueBet’s positive EBITDA a ‘critical’ moment

BlueBet said it reached a “critical inflection point” in November, finishing the month with positive EBITDA. CEO Andrew Menz noted the achievement came within three months of the merger with betr. The company said the merger has provided a “step change in scale and realisation of upgraded synergi

27like·0comment2024-12-09
BlueBet: betr acquisition drove 'immediate scale' in Q1

BlueBet: betr acquisition drove 'immediate scale' in Q1

BlueBet CEO Andrew Menz declared that the the impact of the acquisition of betr is “playing out exactly as we expected” as the company reported its Q1 results. BlueBet announced plans to rebrand as betr in August after announcing a merger with the company in April. Q1 was BlueBet’s first operatin

0like·0comment2024-10-31

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