BetMakers Strengthens Growth Outlook with Renewed Penn Entertainment Partnership
BetMakers Technology Group (ASX: BET) is building strong operational momentum, supported by rapid digital expansion and an upgraded long-term content agreement with Penn Entertainment. The company launched eight new Apollo digital wagering customers in Q2 FY26 and has another eight scheduled to go live across global markets, reinforcing demand for its wagering technology. BetMakers is also preparing the commercial rollout of Monmouthbets, its new multi-state US tote wagering platform, which is expected to further lift revenue performance. In parallel, BetMakers renewed its international racing content deal with Penn on more favourable terms, including a reduced minimum annual fee and broader distribution rights. This revised structure is expected to increase BetMakers’ EBITDA by approximately AU$1.2 million annually over the contract period. Together, these developments position the company for continued growth into H2 FY26 and FY27.
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Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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BetMakers Strengthens Growth Outlook with Renewed Penn Entertainment Partnership
BetMakers Technology Group (ASX: BET) is building strong operational momentum, supported by rapid digital expansion and an upgraded long-term content agreement with Penn Entertainment. The company launched eight new Apollo digital wagering customers in Q2 FY26 and has another eight scheduled to go live across global markets, reinforcing demand for its wagering technology. BetMakers is also preparing the commercial rollout of Monmouthbets, its new multi-state US tote wagering platform, which is expected to further lift revenue performance. In parallel, BetMakers renewed its international racing content deal with Penn on more favourable terms, including a reduced minimum annual fee and broader distribution rights. This revised structure is expected to increase BetMakers’ EBITDA by approximately AU$1.2 million annually over the contract period. Together, these developments position the company for continued growth into H2 FY26 and FY27.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au