{"id":6956,"date":"2024-04-11T12:27:36","date_gmt":"2024-04-11T12:27:36","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/04\/11\/betmakers-bolsters-portfolio-with-racelab-asset-acquisition\/"},"modified":"2024-04-11T12:27:36","modified_gmt":"2024-04-11T12:27:36","slug":"betmakers-bolsters-portfolio-with-racelab-asset-acquisition","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/04\/11\/betmakers-bolsters-portfolio-with-racelab-asset-acquisition\/","title":{"rendered":"BetMakers Bolsters Portfolio with Racelab Asset Acquisition"},"content":{"rendered":"<div>\n<p>BetMakers has finalized an acquisition agreement, paving the way for the integration of Racelab assets into its portfolio. Under the terms, BetMakers will pay AU$1.5m, with a potential additional payment of up to $500,000.<\/p>\n<p>Describing the deal as \u201chighly strategic,\u201d BetMakers emphasized the value it brings to the company. The acquisition enhances BetMakers\u2019 racing ecosystem by incorporating race form, preview, and statistics technology, along with proprietary fixed-odds pricing technology and associated algorithms.<\/p>\n<h2><strong>Expanding Capabilities and Partnerships<\/strong><\/h2>\n<p>The Racelab assets include ProForm informatics, enhanced content, Odds Engine pricing, and trading technology. This acquisition not only expands BetMakers\u2019 offerings but also opens doors for growth in harness and greyhound racing sectors. Furthermore, it establishes an ongoing partnership with Sports Information Services Limited, enabling the development of products and services for global customers.<\/p>\n<p>BetMakers CEO Jake Henson expressed confidence in the acquisition, stating, <em>\u201cWe are very pleased to secure this unique set of assets that hold tremendous potential for BetMakers.\u201d<\/em> He highlighted the company\u2019s ability to integrate Racelab operations seamlessly and leverage its global infrastructure to drive new revenues. <em>\u201cWe have acquired market-leading technology that further broadens the capabilities of BetMakers\u2019 racing ecosystem for both wagering operators and rights holders alike, across the globe.\u00a0<\/em><\/p>\n<p><em>\u201cIn addition, we are uniquely placed to integrate Racelab operations into our existing global infrastructure. This drives new revenues via our existing sales channels and continues to develop upon the strategic vision of both ProForm and Odds Engine.<\/em><\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow noopener\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><em>\u201cWe are very confident in our ability to deliver substantial value from this acquisition. It will contribute towards both revenue and earnings growth in FY25 and beyond.\u201d<\/em><\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/betmakers-bolsters-portfolio-with-racelab-asset-acquisition\/\">BetMakers Bolsters Portfolio with Racelab Asset Acquisition<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BetMakers has finalized an acquisition agreement, paving the way for the integration of Racelab assets into its portfolio. Under the terms, BetMakers will pay AU$1.5m, with a potential additional payment of up to $500,000. Describing the deal as \u201chighly strategic,\u201d BetMakers emphasized the value it brings to the company. The acquisition enhances BetMakers\u2019 racing ecosystem [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-6956","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/6956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=6956"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/6956\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=6956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=6956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=6956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}