BetMakers Technology Group Limited has successfully completed an oversubscribed share purchase plan (SPP), raising $1.2 million, exceeding its initial target of $1 million.

This, combined with a recent institutional placement, brings the total funds raised to $13.7 million, which will be used to repay debt, fund strategic acquisitions, and improve financial flexibility.

The strong shareholder support reflects confidence in the company’s strategic direction and its potential acquisition of Las Vegas Dissemination Company, enhancing its market position in the wagering industry.