Australian gaming company Tabcorp has confirmed that it will acquire betting technology supplier BetMakers Technology Group in a deal worth $195 million to improve the operator’s technology stack and generate new expansion opportunities.
According to the agreement, Tabcorp will purchase 100% of shares in BetMakers at a $0.17 per share price, representing a 41% premium compared with the supplier’s August 7, 2026, closing share price of $0.12.
CEO and managing director of Tabcorp, Gillon McLachlan, commented:
“BetMakers has undergone a significant transformation over the past two years and built impressive wagering technology and a talented team. Accessing those advantages will uplift our own tech capability and fast-track our product ambitions, particularly for our unique media and tote offering. Combining BetMakers’ business with our rights, content, and customer relationships creates a differentiated offering that will unlock growth and deliver attractive financial returns.”
BetMakers CEO, Jake Henson, added:
“Having spent time with the Tabcorp team, it is clear we share a common purpose: to build a market-leading global wagering and media business. Bringing together Tabcorp’s rights, content, and relationships with BetMakers’ platforms, data and B2B wagering services will create a more complete and compelling global offering for our customers and an exciting future for our people.”
Although BetMakers’ board of directors has unanimously recommended the acquisition, the final transaction is subject to shareholder and regulatory approval. If agreed, it’s expected that the acquisition will complete during Q1 2027.
