Betmakers fully funded to complete GBS and DynamicOdds acquisitions

Business News

The Board of The BetMakers Holdings Group is pleased to announce that it has placed, or received firm commitments for, an additional $3.0 million worth of shares from new and existing investors, taking the total amount raised from the recent entitlement offer to $4.5 million. 

The Company is now fully funded to make the completion payments for the GBS and DynamicOdds transactions.

TBH CEO Todd Buckingham explained “We have completed the Due Diligence around GBS and we are very excited with the opportunity to combine our solution with both DynamicOdds and GBS.”  “The flexibility around payments allow the Company to be able to get on with the task at hand and start delivering products to our customers.”

GBS’s Gerard Lazar commented: “We are fully committed to the BetMakers strategy and believe this will be a significant move for our company. We are happy to be able to assist in the restructure of this deal to allow the business to execute on the growth of the business through product development, further content and International expansion”