Australia’s BetMakers Technology Group has completed the acquisition of all assets of the Las Vegas Dissemination Company (LVDC), effective February 1st.
The racing data and wagering technology firm announced the deal following earlier disclosures, confirming it now holds 100 percent of LVDC’s assets. Financial details of the transaction were not immediately disclosed.
BetMakers Technology Group has previously announced it had signed a definitive agreement to acquire the assets and liabilities of LVDC, strengthening its foothold in the United States, with LVDC expected to generate about $4.5 million in revenue and be at least EBITDA break‑even in its first year, with further growth opportunities anticipated.
Founded in 1988, LVDC provides race information, off‑track betting processing and common‑pool wagering services to casinos, sportsbooks, racebooks, bars and online platforms.
BetMakers said the acquisition would give it direct access to Nevada’s tier‑one casino operators, including Caesars Entertainment, MGM Resorts, Wynn, Sands and SouthPoint, and serve as a launchpad for rolling out enhanced digital wagering solutions.
Completion of the deal remains subject to regulatory approvals and other customary conditions, with BetMakers expecting to finalize the transaction in the second half of fiscal 2026.
The company’s Chief Executive Jake Henson said Nevada represented “one of the largest blue‑sky opportunities in the US market” given the limited digital adoption of horse racing.
“This acquisition gives BetMakers a launchpad to bring world‑class digital wagering experiences to Nevada customers and accelerate our US growth strategy,” he said.
