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.
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