BetMakers seals £31m Sportech acquisition in “supercharged” US drive

Australian sports betting supplier nets in-demand Tote and digital business subject to shareholder vote

Sports betting supplier BetMakers has agreed a A$56.2m (£30.9m) all-cash deal to acquire fixed-odds and Tote betting supplier Sportech PLC. The takeover includes Sportech’s Tote racing and digital businesses in the US, UK and in Europe, allowing BetMakers to accelerate its own US expansion plans following completion of the deal. Approval for the acquisition has…

Australia | BetMakers | Fixed-odds Betting | M&A | Pools Betting | Sportech | Sports betting | US