Tabcorp to acquire BetMakers for A$267 million

Tabcorp has entered into a binding agreement to acquire ASX-listed BetMakers Technology Group for approximately A$267 million. Under the terms of the deal, Tabcorp will purchase 100 per cent of BetMakers’ shares at 24 cents per share.

The acquisition aims to accelerate the modernisation of Tabcorp’s wagering technology stack and strengthen its international business operations. By integrating BetMakers’ B2B wagering infrastructure, data, analytics, and pari-mutuel tote technology with Tabcorp’s existing rights, content, and customer relationships, the company seeks to create a differentiated global offering.

Tabcorp CEO Gillon McLachlan stated that the combination will unlock growth and deliver attractive financial returns. BetMakers CEO Jake Henson noted that the merger aims to build a market-leading global wagering and media business.