Betmakers Technology Group Ltd acquired Assets of RACELAB Pty Ltd from RACELAB Pty Ltd for for AUD 1.5 million.

BetMakers Technology Group Ltd is a provider of advanced technology and service solutions to racing industry stakeholders. The Company is engaged in the development and provision of software, data and analytic products for the business-to-business (B2B) wagering market and the production and distribution of racing content. Its Global Racing Network segment assists racing bodies and rights holders in producing and distributing race content. This includes services, such as barrier technology, official price calculation, vision, and pricing distribution. Its Global Betting Services segment provides customers with a variety of racing software, data, and analytical tools. This includes basic race data, such as pricing, runners, and form, analytical tools to consume and leverage the data, and wagering tools such as platforms and managed trading services. Its Global Tote segment includes the provision of tote software and integrations to facilitate tote liquidity and resulting.