BetMakers Technology Group to Acquire Selected LVDC Assets

MT Newswires Live

Dec 05

BetMakers Technology Group (ASX:BET) has signed a definitive agreement to acquire certain assets and liabilities of the Las Vegas Dissemination Company (LVDC), securing direct access to major US casino operators and Nevada wagering customers, according to a Friday filing with the Australian bourse.

The acquisition is projected to deliver around AU$4.5 million in revenue and achieve at least adjusted earnings before interest, taxes, depreciation, and amortization break-even in its first year, per the filing.

The acquisition strengthens the company's US presence, enhances its technology offerings, and advances its global growth strategy, with completion expected in the early second half of fiscal year 2026, pending regulatory approvals and customary conditions, the filing added.

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