Betr profitable and in the market for deals, Matt Tripp says

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In an interview, the veteran bookmaker says the wagering group started with News Corp is no longer for sale and has raised new finance.

Matt Tripp, the wealthy bookmaker who launched Betr with News Corporation last year, says he is still interested in buying ASX-listed PointsBet after his wagering business turned its first profit.

“There remains interest in PointsBet. If they have interest in selling, then we’re still there. And we’re still interested. But they’re one of a few, and we’ve got some decisions to make for the first time come the start of this year. For the first time we’ve got genuine profitability and clear air.”

 

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