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Australia's BetMakers jumps on Penn deal, growth forecast

ReutersDec 2, 2025 11:47 PM

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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