BetMakers signs definitive agreement to acquire LVDC
| Stock | Betmakers Technology Group Ltd (BET.ASX) |
|---|---|
| Release Time | 5 Dec 2025, 9:07 a.m. |
| Price Sensitive | Yes |
BetMakers to acquire LVDC, strengthening US foothold
- LVDC will deliver direct access to major US casino operators and Nevada wagering customers
- Acquisition expected to contribute $4.5m in revenue and be at least Adjusted EBITDA break-even in Year 1
- Creates a launchpad to roll out enhanced digital wagering solutions across LVDC's network of casino and sportsbook customers
BetMakers Technology Group Ltd (ASX: BET) has executed a definitive asset purchase agreement to acquire the Las Vegas Dissemination Company (LVDC), strengthening the company's foothold in the United States by securing direct access to Nevada's tier-one casino wagering operators. LVDC is expected to generate approximately $4.5 million in revenue and be at least Adjusted EBITDA break-even in Year 1, with additional synergy and growth opportunities anticipated in subsequent periods. The acquisition represents a material step forward in BetMakers' US growth strategy, and opens a new pipeline of customers. Established in 1988, LVDC is deeply embedded in the Nevada gaming ecosystem, servicing sportsbooks, racebooks, bars, taverns and online wagering platforms with race information, OTB processing and common-pool wagering. Integrating LVDC's longstanding operator relationships with BetMakers' modular technology suite and international client network reinforces BetMakers' position as a global leader in end-to-end wagering technology. Completion of the acquisition remains subject to regulatory approvals and other customary conditions precedent, with discussions with regulators and key stakeholders well progressed and the company currently expecting completion early in the second half of FY26.
The acquisition of LVDC is expected to contribute $4.5 million in revenue and be at least Adjusted EBITDA break-even in Year 1.