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New Corp venture adjusts wagering plans with TexBet acquisition
August 16, 2022

New Corp venture adjusts wagering plans with TexBet acquisition

Bookiecity

News Corp Australia and Tekkorp’s new NTD Pty wagering venture will acquire assets from local operator TexBet, as part of a change to its agreement with betting supplier BetMakers.

NTD agreed to purchase certain assets owned by O’Shea Bookmaking Pty, which trades as TexBet, with support from BetMakers. TexBet is a long-standing SaaS platform customer of BetMakers.

Effective from completion of the sale of TexBet, BetMakers shall receive ownership and IP rights for the betting platform technology currently owned by TexBet, while BetMakers will also support the migration of TexBet users to the NTD platform.

This follows an initial deal, agreed in April when the NTD venture was first announced, which stated that News Corp will run the venture with backing from gambling executives Matt Davey of Tekkorp and Matt Tripp, while BetMakers’ technology will drive NTD.

The deal said that BetMakers’ OM Apps subsidiary would provide B2B platform technology and wagering solutions to NTD, which wi..

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BetMakers signs racing and betting solutions deal with Royal Sabah
May 17, 2022

BetMakers signs racing and betting solutions deal with Royal Sabah

Bookiecity

BetMakers has signed a deal with the Royal Sabah Turf Club, which will see the company provide a new tote betting system and content management services to the Tambalang Race Course and associated off-course betting network in Malaysia.

BetMakers will utilise its Global Tote and Global Racing Network systems to meet the terms of the deal.

The five-year agreement will see Global Tote upgrade Royal Sabah’s current tote system to the Quantum Tote solution.

The Quantum Tote solution will be deployed as a software as a service solution and will give Royal Sabah the technical capabilities to distribute races to any racetrack or licensed operator globally.

However, BetMakers will have the global distribution rights to Royal Sabah races within tote and fixed-odds markets.

BetMakers acquired the Global Tote division from Sportech in June 2021.

“Global Tote is very pleased to extend and grow our partnership with Royal Sabah Turf Club,” said Lance Ku, director of sales and business developm..

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