BET.ASX: Stake selects BetMakers to power global racing expansion

Stake selects BetMakers to power global racing expansion

Stock	Betmakers Technology Group Ltd (BET.ASX)
Release Time	18 Dec 2025, 9:06 a.m.
Price Sensitive	Yes

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Stake selects BetMakers to power global racing expansion

Key Points

BetMakers secures 3-year agreement with Stake, including 2-year extension
BetMakers to deliver its RaceOdds+ solution to drive Stake's global horse racing expansion
Stake to gain access to BetMakers' pricing, trading, content, streaming, and Racelab products

Full Summary

BetMakers Technology Group Limited (ASX:BET) has announced a multi-year agreement with Stake that will see BetMakers deliver its RaceOdds+ solution to drive the operator's global horse racing expansion. The agreement is for a three-year term, with a two-year extension option. Under the agreement, Stake will gain access to BetMakers' full pricing and trading capability, global racing content, the BetStream racing vision player, and the Racelab suite of products - Insights, Live, Stories and Informatics. Additionally, BetMakers' proprietary Global Tote Hub will enable Stake.com customers to access global tote pools across a wide range of bet types. The contract was awarded following a global tender and due diligence process, and the commercial terms include a combination of fixed and variable revenue, with the customer expected to go live in the second half of the 2026 financial year.