Betmakers Technology Group (BET) Investor Presentation summary

Business overview and strategy

• Delivers B2B technology solutions for tote and fixed odds betting on horse racing, serving 230+ racing partners, 60+ wagering operators, and operating in 30+ countries with 45+ licenses.

• Offers a full suite of scalable products, including end-to-end software, hardware, managed trading, and data/content services.

• Undergoing a transformation strategy focused on improving gross margin, reducing costs, and accelerating growth, with a Next Gen platform now live.

• Operational focus is on achieving positive cash flow during FY25, with management incentivized to deliver financial outcomes.

Leadership and global footprint

• Leadership team includes President/Executive Chairman Matt Davey, CEO Jake Henson, and CFO Carl Henschke, all with deep industry and financial expertise.

• Operates in 30+ countries across Americas, Europe, Africa, Asia, and Oceania, with 376 employees and 8 worldwide offices as of June 30, 2024.

Operating model and product suite

• Marketplace performs over 2 billion data checks daily, connecting software, data, and rightsholder partners in racing-led wagering.

• Product offerings include Quantum Tote Engine, international tote pooling, managed trading, data/content, and embedded solutions for both tote and fixed odds.

• Customers include major global operators such as Flutter, Caesars, Penn Entertainment, and UK Tote Group.