• BetMakers renews agreement with UK Tote Group until 2029
• BetMakers Quantum software to be the core pools wagering platform for Tote's UK and Ireland operations
• Agreement expected to generate at least A$4.0m per annum for BetMakers

BetMakers Technology Group Limited (ASX:BET) has announced that its subsidiaries, Global Tote US LLC and Racing Technology Ireland Ltd (Global Tote), have entered into an agreement with UK Tote Group, the operator of the Tote, the UK and Ireland's leading tote pool. Under the terms of the UK Tote Agreement, which is a renewal of existing arrangements, BetMakers Quantum software will be the core pools wagering platform for the Tote's operations across British and Irish racecourses while also managing the technical aspect of any inbound comingling to these pools, including World Pool events with a host of global partners. The UK Tote Group is BetMakers' Global Tote division's largest customer, and the renewal reinforces the market leading nature of BetMakers' quantum software tools. The agreement contains a mixture of variable revenue and fixed fees and is expected to generate at least approximately A$4.0m per annum for BetMakers. This renewal extends the relationship until 30 June 2029. The agreement contains customary terms and conditions for a contract of this nature, including with respect to termination.