BUZZ-Australia's BetMakers jumps on Penn deal, growth forecast

Reuters

2025/12/03

** Shares of Betmakers Technology BET.AX advance as much as 6.45% to A$0.165, their biggest intraday pct gain since November 7

** The wagering tech provider says it has signed a new three-year agreement with casino operator Penn Entertainment PENN.O for the distribution of Penn's racing content

** Positioned for sustained revenue growth and a stronger EBITDA trajectory through H2 FY26 and into FY27 - Co

** Over 1.8 million shares change hands, 1.6x the 30-day avg

** Stock up 54.8%, YTD

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))

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