{"id":39,"date":"2024-06-11T22:28:52","date_gmt":"2024-06-11T19:28:52","guid":{"rendered":"https:\/\/jumbabetnodepositbonuscodes.icu\/2024\/06\/11\/betmakers-joins-race-for-tabcorps-wagering-and-media-arm-with-4-billion-bid\/"},"modified":"2024-06-12T10:46:15","modified_gmt":"2024-06-12T07:46:15","slug":"betmakers-joins-race-for-tabcorps-wagering-and-media-arm-with-4-billion-bid","status":"publish","type":"post","link":"https:\/\/jumbabetnodepositbonuscodes.icu\/2024\/06\/11\/betmakers-joins-race-for-tabcorps-wagering-and-media-arm-with-4-billion-bid\/","title":{"rendered":"BetMakers Joins Race for Tabcorp&#8217;s Wagering and Media Arm with $4 Billion Bid"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/DagG95SayPg\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>An Australian gaming software firm, BetMakers, has entered the bidding war for Tabcorp&#8217;s wagering and broadcasting division.  Their proposal, estimated at roughly $4 billion AUD (approximately $3.09 billion USD), seeks to surpass prior offers from Entain and Apollo.<\/p>\n<p>Under the agreement, Tabcorp would obtain a billion dollars in cash, with the remaining balance paid in BetMakers shares. This arrangement would grant Tabcorp&#8217;s existing stakeholders a substantial portion \u2013 around 65% \u2013 of the merged entity.<\/p>\n<p>BetMakers positions this as an opportunity to rejuvenate Tabcorp&#8217;s betting and broadcasting segments, implying significant untapped expansion possibilities. They are highlighting their dedication to the Australian horse racing sector, a crucial component of Tabcorp&#8217;s operations. <\/p>\n<p>By presenting a combination of cash and equity, BetMakers provides Tabcorp&#8217;s shareholders with greater adaptability compared to a direct cash buyout, potentially giving them a competitive advantage. <\/p>\n<p>The firm also underscored the benefits of the amalgamation compared to merely separating Tabcorp&#8217;s betting and broadcasting units.  Leveraging BetMakers&#8217; technological prowess and established international reach, the unified entity seeks to expedite its content revenue generation plan globally.<\/p>\n<p>BetMakers&#8217; Chief Executive, Todd Buckingham, conveyed his excitement, asserting that the fusion will establish one of the planet&#8217;s most extensive racing systems, offering attractive investment prospects. He stressed their distinctive capacity to exploit emerging global opportunities, especially within the burgeoning American marketplace. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>An Australian gaming software firm, BetMakers, has entered the bidding war for Tabcorp&#8217;s wagering and broadcasting division. Their proposal, estimated at roughly $4 billion AUD (approximately $3.09 billion USD), seeks to surpass prior offers from Entain and Apollo. Under the agreement, Tabcorp would obtain a billion dollars in cash, with the remaining balance paid in [&hellip;]<\/p>\n","protected":false},"author":83,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BetMakers Joins Tabcorp Bidding War with $4 Billion Offer<\/title>\n<meta name=\"description\" content=\"Australian gaming software company BetMakers has thrown its hat in the ring for Tabcorp\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jumbabetnodepositbonuscodes.icu\/2024\/06\/11\/betmakers-joins-race-for-tabcorps-wagering-and-media-arm-with-4-billion-bid\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BetMakers Joins Race for Tabcorp&#039;s Wagering and Media Arm with $4 Billion Bid\" \/>\n<meta property=\"og:description\" content=\"Australian gaming software company BetMakers has thrown its hat in the ring for Tabcorp\" \/>\n<meta property=\"og:url\" content=\"https:\/\/jumbabetnodepositbonuscodes.icu\/2024\/06\/11\/betmakers-joins-race-for-tabcorps-wagering-and-media-arm-with-4-billion-bid\/\" \/>\n<meta property=\"og:site_name\" content=\"Indulge in the Finest Online Casino Experience | Licensed\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-11T19:28:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-12T07:46:15+00:00\" \/>\n<meta name=\"author\" content=\"Sawyer &quot;Scion&quot; Daugherty\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sawyer &quot;Scion&quot; Daugherty\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/jumbabetnodepositbonuscodes.icu\/2024\/06\/11\/betmakers-joins-race-for-tabcorps-wagering-and-media-arm-with-4-billion-bid\/\",\"url\":\"https:\/\/jumbabetnodepositbonuscodes.icu\/2024\/06\/11\/betmakers-joins-race-for-tabcorps-wagering-and-media-arm-with-4-billion-bid\/\",\"name\":\"BetMakers Joins Tabcorp Bidding War with $4 Billion Offer\",\"isPartOf\":{\"@id\":\"https:\/\/jumbabetnodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-11T19:28:52+00:00\",\"dateModified\":\"2024-06-12T07:46:15+00:00\",\"author\":{\"@id\":\"https:\/\/jumbabetnodepositbonuscodes.icu\/#\/schema\/person\/5cfabae023422e401e25360cd13276a4\"},\"description\":\"Australian gaming software company BetMakers has thrown its hat in the ring for Tabcorp\",\"breadcrumb\":{\"@id\":\"https:\/\/jumbabetnodepositbonuscodes.icu\/2024\/06\/11\/betmakers-joins-race-for-tabcorps-wagering-and-media-arm-with-4-billion-bid\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/jumbabetnodepositbonuscodes.icu\/2024\/06\/11\/betmakers-joins-race-for-tabcorps-wagering-and-media-arm-with-4-billion-bid\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/jumbabetnodepositbonuscodes.icu\/2024\/06\/11\/betmakers-joins-race-for-tabcorps-wagering-and-media-arm-with-4-billion-bid\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/jumbabetnodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BetMakers Joins Race for Tabcorp&#8217;s Wagering and Media Arm with $4 Billion Bid\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/jumbabetnodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/jumbabetnodepositbonuscodes.icu\/\",\"name\":\"Indulge in the Finest Online Casino Experience | Licensed\",\"description\":\"Experience the best of online gambling through our fresh casino news, in-depth game reviews, and informative insights. 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