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BlueBet and Betr Merger Completed, Triple the Number of Young Customers Expected

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Bluebet,Betr,Merger

The merger between ASX-listed BlueBet and Matthew Tripp’s Betr has been finalized, leading to a significant increase in the number of young customers for BlueBet and improved technology for Betr. The integration of the two entities onto the BlueBet platform is expected before the spring racing carnival in September, with profitability projected for the 2025 financial year.

The merger between ASX-listed BlueBet and Matthew Tripp’s Betr has finally been completed after months of negotiations between the two wagering companies.

Speculation about a merger between Betr and BlueBet has swirled for the better part of a year and intensified over the past month, as evidenced by BlueBet’s share price, which soared 20 per cent to 30¢ on Wednesday before it entered a trading halt. BlueBet was advised by Ord Minnett and Gilbert + Tobin, while Betr used Arnold Bloch Leibler and Barrenjoey.

 

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