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

Reuters
2025.12.02 23:47
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Shares of Betmakers Technology (BET.AX) advance as much as 6.45% to A$0.165, their biggest intraday pct gain since November 7The wagering tech provider says it has signed a new three-year agreement with casino operator Penn Entertainmentfor the distribution of Penn’s racing contentPositioned for sustained revenue growth and a stronger EBITDA trajectory through H2 FY26 and into FY27 - CoOver 1.8 million shares change hands, 1.6x the 30-day avgStock up 54.8%, YTD

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

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