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Betmakers Technology Group BET.AX · AUD

Consumer Discretionary · ASX · 🇦🇺 Australia

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0.21

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Close of 9 Nov 2026, in AUD

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About Betmakers Technology Group

Its shares trade on ASX under the ticker BET.AX. It has been listed since 11 December 2015. In the fiscal year to 30 June 2026, it reported revenue of A$92.6m and a net loss of A$5.2m. At that date it held total assets of A$145.7m and shareholders' equity of A$92.8m.

Betmakers Technology Group Ltd. engages in online gaming and wagering services. The company is headquartered in Newcastle, New South Wales. The company went IPO on 2015-12-11. The firm's segments include Global Racing Network, Global Betting Services and Global Tote. Its Global Racing Network segment assists racing bodies and rights holders in producing and distributing race content. This includes services, such as barrier technology, official price calculation, vision, and pricing distribution. Its Global Betting Services segment provides customers with a variety of racing software, data, and analytical tools. This includes basic race data, such as pricing, runners, and form, analytical tools to consume and leverage the data and wagering tools such as platforms. Its Global Tote segment includes the provision of tote software and integrations to facilitate tote liquidity and resulting.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Discretionary
Industry
Hotels, Restaurants & Leisure
Listed since
11 Dec 2015

Leadership

Pay as last reported

  • Mr. Matthew DaveyPresident, Executive Chairman of the Board, since 2020A$451,589
  • Mr. Jake HensonChief Executive OfficerA$539,414
  • Mr. Carl HenschkeChief Financial OfficerA$484,763
  • Ms. Charly DuffyCompany Secretary
  • Mr. Simon DulhuntyNon-Executive Independent DirectorA$110,996
  • Ms. Rebekah GilesNon-Executive Independent DirectorA$115,751
  • Ms. Anna GreenbergNon-Executive Independent DirectorA$93,303

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
36
Environment
31
Social
50
Governance
28
Direct emissions (scope 1)
145 t
Energy emissions (scope 2)
476 t
Women in the workforce
21%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Betmakers Technology Group Ltd has a strong technological infrastructure, enabling them to provide innovative solutions in the online betting industry.
  • The company has an experienced management team with a deep understanding of the industry, contributing to effective decision-making and strategic planning.
  • Betmakers has established strong relationships with key industry players, allowing them to secure partnerships and gain access to valuable resources.

Weaknesses

  • Betmakers may face regulatory challenges and potential legal restrictions in certain jurisdictions, which could limit their market reach.
  • The company's heavy reliance on technology exposes them to cyber threats and potential system vulnerabilities, requiring continuous investment in security measures.
  • As a relatively new entrant in the industry, Betmakers may struggle to gain market share and compete with well-established competitors.

Opportunities

  • The growing trend of online betting presents a significant opportunity for Betmakers to expand their customer base and increase revenue.
  • Betmakers can capitalize on the increasing popularity of mobile betting platforms by developing user-friendly mobile applications, enhancing accessibility and convenience for users.
  • The legalization of sports betting in various regions creates new markets for Betmakers to enter and establish a strong presence.

Threats

  • Intense competition in the online betting industry poses a threat to Betmakers' market position and profitability. They need to continuously innovate and differentiate themselves to stay competitive.
  • Potential changes in regulations or taxes related to online gambling can impact Betmakers' operations and profitability, requiring adaptability and compliance.
  • Economic fluctuations and changes in consumer spending patterns can affect the demand for online betting services, impacting Betmakers' revenue and financial performance.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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