Betmakers Technology Group (ASX:BET) entered into a binding agreement to acquire the assets of Las Vegas Dissemination Company (LVDC), according to a Wednesday filing with the Australian bourse.

The deal is expected to add about AU$4 million in annualised revenue and is subject to regulatory approvals and due diligence, the filing said.

The company expects the LVDC business to be cash-flow positive within a year.