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BetMakers making operational progress as Q1 revenue climbs 9%

31st October 2023 9:29 am GMT

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 [...]

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