BetMakers’ half-year revenue crept up 9.9% to AU$51.3m (26.4m/30.8m) for the period ending 31 December, against the background of the company’s ongoing restructuring plan.
The sports betting and technology provider noted that, in the six-month period, it had focused on minimising its cost base. This also saw it renew its contracts and the signing of new customers.
The restructuring also allowed BetMakers to work on streamlining the business model across three segments Global Betting Services, Global Tote and Corporate. This resulted in a reduced headcount from 456 to 414 during the six months.
BetMakers announced the restructuring scheme in May 2023 as a way to reduce costs. Following its Q4 2023 results released in July BetMakers …
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