BlueBet delivered record quarterly Q4 Turnover of $162.5 million, up 19.8% on the prior corresponding period (PCP), driven by continued market share gains in Australia and the US. Net Win was up 18.8% to a new quarterly record of $17.7 million, with the Net Win margin strong at 10.9%.

BlueBet’s market-leading technology provides a platform for long-term growth, and the Company is focused on completing key platform enhancements ahead of the Spring Racing Carnival.

COO, Bill Richmond, said: “In our final quarter as a standalone entity before our transformational merger with betr, BlueBet delivered another strong performance, with record turnover and net win as we continue to outperform the market in Australia.“In the US, we continue to scale and enhance our global platform and have commenced the strategic review of that business where we expect the outcome to be announced ahead of our FY24 annual results.”

BlueBet CEO, Andrew Menz said: “I am excited to join BlueBet at an important time for the Company. By combining BlueBet’s best-in-class technology platform with betr’s large and high-quality customer base, as well as our experienced and talented teams, we are creating a profitable, leading player in the Australian online wagering market.“Integration of the two businesses is progressing well, with our team working hard to deliver the growth opportunities and synergies unlocked by the merger. Customer migration onto the BlueBet platform is expected to be completed before the end of August, and we will be launching our new, unified brand ahead of the Spring Racing Carnival period. We expect Australian punters to be attracted by our unique proposition and best-in-class technology, which will deliver a significantly enhanced user experience.