Sydney-listed betting technology provider BetMakers Technology Group has reported a 9 per cent increase in revenue to AUD$26.1 million for the first quarter of its 2024 fiscal year.
The year-on-year growth was driven by new customer growth and contract extensions with key partners such as Penn Entertainment, PointsBet, Dabble and William Hill/888.
The improved revenue, coupled with reduced operating costs, helped BetMakers post an underlying EBITDA loss of $767,000 for the quarter, compared to an EBITDA loss [...]