News Formal

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

  • 📰 theage
  • ⏱ Reading Time:
  • 19 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 42%
  • Publisher: 77%

Business Nieuws

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.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 8. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Betr, BlueBet poised to strike merger deal in major wagering shakeupBetr was once backed by News Corp but is now owned by a consortium of investors headed by Matthew Tripp, a well-known industry figure.
Bron: FinancialReview - 🏆 2. / 90 Lees verder »

Merger law: Jim Chalmers reveals changes to merger regimeThe ACCC will be able to block serial acquisitions and those that entrench the market power of big players, but Jim Chalmers rejected a “presumptive ban” on mergers.
Bron: FinancialReview - 🏆 2. / 90 Lees verder »

Donald Trump: Trump Media merger wins investor approvalThe approval clears a near-final hurdle for Trump Media & Technology Group and a potential windfall for the former president.
Bron: FinancialReview - 🏆 2. / 90 Lees verder »

Chemist Warehouse profits jump as merger partner tells pharmacies ‘don’t panic’Chemist Warehouse has provided a rare glimpse of its financial figures as it gears up for a blockbuster ASX listing via a merger with Sigma Healthcare.
Bron: theage - 🏆 8. / 77 Lees verder »

Chemist Warehouse profits jump as merger partner tells pharmacies ‘don’t panic’Chemist Warehouse has provided a rare glimpse of its financial figures as it gears up for a blockbuster ASX listing via a merger with Sigma Healthcare.
Bron: smh - 🏆 6. / 80 Lees verder »

Chemist Warehouse profits jump as merger partner tells pharmacies ‘don’t panic’Chemist Warehouse has provided a rare glimpse of its financial figures as it gears up for a blockbuster ASX listing via a merger with Sigma Healthcare.
Bron: brisbanetimes - 🏆 13. / 67 Lees verder »