Tabcorp to acquire BetMakers in A$267 million technology deal

Tabcorp has agreed to acquire BetMakers Technology Group in a deal valued at A$267 million. The acquisition is intended to accelerate Tabcorp’s technology overhaul and modernize its wagering technology stack.

By integrating BetMakers’ platforms, racing data, and pari-mutuel tote technology, Tabcorp aims to strengthen its wagering and media operations. The move is expected to provide greater scale and growth potential for Tabcorp’s existing international business.

Under the proposed scheme of arrangement, BetMakers shareholders will be offered $0.24 per share, which can be taken in cash or as a mix of cash and newly issued Tabcorp shares. The transaction is subject to approval from shareholders, the court, the ACCC, and relevant wagering regulators, with completion expected in the first quarter of 2027.