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BetMakers posts record quarter, with AU$8.9mln in cash receipts

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Australia’s BetMakers Technology Group says that it has recorded its “strongest quarter to date” in the three months ending June 30th. The group recorded total cash receipts of AU$8.9 million, a quarterly increase of 71 percent and a yearly rise of 272 percent.

The group notes that the revenue growth was due to a “significant increase in the Australian market,” as well as “a positive early result” from the company’s international expansion plans.

This included the group’s asset acquisition of Connecticut-based Sportech PLC. During the quarter the group invested some AU$1.5 million in technology and hardware in the United States, with further plans for international expansion.

Company announcement

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