Topbetta Holdings

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Topbetta Holdings

Das Unternehmen TopBetta Holdings Ltd. Die TopBetta-Aktie mit der WKN bzw. der ISIN AUTBH6. TopBetta Holdings Ltd ist ein Unternehmen aus. an Bedingungen geknüpfte Vereinbarung zum Erwerb der Buchmachertochter der in Sydney ansässigen TopBetta Holdings Limited (ASX:TBH) getroffen, die. TOPBETTA AKTIE und aktueller Aktienkurs. Nachrichten zur Aktie TopBetta Holdings Ltd | A2H5SU | AUTBH6.

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Topbetta Holdings Limited (ASX: TBH) is the first Australian based wagering operator to combine a standard wagering platform with a 'fantasy wagering'. Feb 19 (Reuters) - Topbetta Holdings Ltd: * RECEIVED COMMITMENTS TO SUBSCRIBE FOR MILLION FULLY PAID ORDINARY SHARES. TOPBETTA AKTIE und aktueller Aktienkurs. Nachrichten zur Aktie TopBetta Holdings Ltd | A2H5SU | AUTBH6.

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The Board of TopBetta Holdings Limited is pleased to update the market on a new commercial deal for the Australian wholesale division of the company's wholly-owned UK-based subsidiary The Global | December 16, 3/14/ · TopBetta Holdings Limited’s (ASX:TBH): TopBetta Holdings Limited engages in the online racing and sports wagering businesses in Australia. The . TopBetta Holdings operates in the casinos and gaming industry, which delivered positive earnings in the past year. This means, on average, its industry peers operating are profitable. TopBetta Holdings runs the risk of running down its cash supply too fast, or falling behind its profitable peers by investing too little. TOPBETTA AKTIE und aktueller Aktienkurs. Nachrichten zur Aktie TopBetta Holdings Ltd | A2H5SU | AUTBH6. Das Unternehmen TopBetta Holdings Ltd. Die TopBetta-Aktie mit der WKN bzw. der ISIN AUTBH6. TopBetta Holdings Ltd ist ein Unternehmen aus. TopBetta News & Analysen: Hier finden Sie die News & Analysen-Seite für den Wert TopBetta. Feb 19 (Reuters) - Topbetta Holdings Ltd: * RECEIVED COMMITMENTS TO SUBSCRIBE FOR MILLION FULLY PAID ORDINARY SHARES.

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Topbetta Holdings
Topbetta Holdings The author is an independent contributor and at the time of publication had no position in the stocks mentioned. Cramer called it a slow and steady grower. Explore our free list of these Play Igt Slots Free stocks here.

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Source: Topbetta Holdings Ltd Contact: Charly Duffy Company Secretary E: companysecretary topbetta. Period : Day Week.

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This has given TBH a new revenue base in the "Wholesale Business" of B2B selling. With regards to our deal partner PlayUp, we believe this company has made its intentions clear in the wagering landscape with acquisitions of Classic Bet, Draft Stars, TopBetta, Mad Bookie and Punting Club brands in recent months.

We believe this is significant evidence of the PlayUp company pursuing its own aggressive retail strategy alongside a fantasy sports wagering strategy that is based on scale, and one which we believe can deliver ongoing commercial benefits to TBH through its continuing exposure in the retail wagering industry through revenue share service agreements.

More importantly we have also welcomed the opportunity to work with and ambitious partner like PlayUp as it allows our business to focus on what it does best by providing the platforms, racing data and products and supporting another wagering operator to focus on what it wants to achieve with speed through marketing and acquisition.

I want to reiterate to our shareholders that there are now 3 Revenue Streams we have built modelling forecasts for at TBH as part of the ongoing business model.

The Global Tote has been a considerable investment as we believe this product has the ability to revolutionise wagering globally by providing a better suite of products for the consumer while allowing better margins for operators and also solving integrity and commercial expansion issues for racing bodies from all corners of the globe.

As we have reported, The Global Tote has been the subject of much discussion with regulators across the globe. Regulators in the UK and US have approved the product to be offered to bookmakers in their respective jurisdictions, but as our shareholders will be aware, TBH through its wholly-owned subsidiary The Global Tote Ltd has chosen to establish The Global Tote with significant liquidity in the pools on Australian race meetings and offer the product as B2B solution to Australian licensed bookmakers.

While The Global Tote has an approval from the Northern Territory Racing Commission NTRC for a data agreement with TopBetta, it has not received the green light on other agreements with Ladbrokes and Neds.

To this effect, TBH has met with NTRC to better understand the issues and has also met with the NT Attorney-General as recently as last month.

TBH accepts that in a fast-moving wagering landscape that regulators need to be well briefed on new innovations and products and comfortable to approve new agreements.

TBH has sought clarifications from The Global Tote's licensing entity in the UK to assist its representations to NTRC and the Northern Territory Government on what The Global Tote product is classified as among other legal interpretations but also to demonstrate what The Global Tote is offering bookmakers under their jurisdiction.

The bookmakers as noted here have indicated to TBH they wish to use The Global Tote to benefit their own businesses.

We are dedicated to working with bookmakers and regulators to reach positive outcomes in all jurisdictions we operate in, and plan to enter, and certainly don't intend to go away based on being disruptive to competitors.

The Global Tote has the capability to host pools on any racing or sporting event around the world and is licensed to operate through Alderney in the UK and also in the US via the North Dakota Racing Commission.

By divesting of retail business operations and expanding up our revenue streams within the B2B model we are also now focusing heavily on executing our existing international deals in the UK and the US where the Global Tote has received regulatory approval to operate.

The Platforms and Data parts of our business will strengthen The Global Tote and other Products as TBH expands and rolls out these solutions into the global wagering scene.

Through our understanding of world wagering TBH seeks to become the wholesale operator of choice for racing data, platforms and products that save operators costs such as reducing the number of data feeds from currently hundreds per bookmaker to a single integration point established by TBH to growing revenues with new and innovative wholsale and reatail products such as Fixed Exotics and new risk-management platforms.

This is a very exciting stage of TBH's journey as we get back to the core of why we started this business and that was to create unique and compelling wagering products for bookmakers - and ultimately for the end consumers around the world.

We thank our loyal shareholders for their support and look forward to updating the market soon on further announcements.

TopBetta Holdings Limited ASX: TBH. AX - News is an ASX-listed holding company and a global provider of online wagering products and services to both wholesale and retail markets through its various wholly owned subsidiaries.

TopBetta Pty Ltd operates a retail wagering business, offering consumers wagering, fantasy tournament and content products and services.

Global Tote Australia Pty Ltd conducts TBH's Wholesale Business, which includes operating and licensing its wholesale tote product which enables licensed wagering operators, including corporate bookmakers and tote operators from all over the world, to participate in global pools.

The Wholesale Business is conducted under a B2B licence granted by the UK Gambling Commission to Global Tote Limited, a company incorporated in Alderney, UK.

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Actual results or performance may differ materially from any future results or performance expressed or implied by such statements. The important factors that could cause our actual results or performance to differ materially include, among others, risks associated with pre-clinical and clinical development of products, uncertainties related to the outcome and conduct of clinical trials including unforeseen safety issues, uncertainties related to product manufacturing, the lack of market acceptance of our products, our inability to manage growth, the competitive environment in relation to our business area and markets, our inability to attract and retain suitably qualified personnel, the unenforceability or lack of protection of our patents and proprietary rights, our relationships with affiliated entities, changes and developments in technology which may render our products or technologies obsolete, and other factors.

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Topbetta Holdings

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