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BetMakers announces finalisation of its LVDC acquisition

This deal formally closed on 1 February and sees BetMakers assume 100% ownership.

3 min read
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Key Points
BetMakers has confirmed the closing of its LVDC takeover
The company has assumed full ownership of the US-based operator
LVDC is expected to generate AU$4.5m in first-year post-takeover revenues

BetMakers has confirmed the full takeover of the Las Vegas Dissemination Company (LVDC) following the finalisation of its acquisition with the Australian Stock Exchange.  

Now, BetMakers has officially confirmed full ownership of the US-based organisation as it looks to further increase its market presence in the Nevada racing and wagering market. Indeed, this transaction has seen BetMakers acquire 100% ownership of the state’s only licensed pari-mutuel wagering, racetrack simulcasting, race information and off-track betting hub facility.  

Upon the initial announcement of this deal in December, BetMakers stated that it expects LVDC to generate a revenue figure of approximately AU$4.5m (US$3.15m) during the first full-year period post-merger. This latest development falls closely behind the BetMakers Technology Group’s announcement in December of an additional five-year deal with Betfair Australia to become the sole technology provider for the soon-to-be-launched wagering brand, CrownBet.  

Elsewhere, prior to this in October 2025 BetMakers Technology Group also expanded its partnership with Sports Information Services (SIS) to manage its international racing content and act as an official reseller. Indeed, this partnership covers over 60,000 horseracing and greyhound racing events on an annual basis, allowing BetMakers to manage all pricing data for SIS’s global racing content.  

Indeed, this latest finalisation of the organisation’s LVDC takeover has also seen BetMakers' share price rise 5.1% on the Australian Stock Exchange.  

Additional related merger-acquisition news from Down Under this week saw Novomatic formally extend the takeover period of its off-market Ainsworth bid, allowing shareholders additional time to consider the supplier’s offer for the Australian company. As such, the offer is now set to close in early February.  

Good to know

LVDC has been Nevada’s exclusive pari-mutual wagering and horseracing simulcast company since its founding in 1988

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