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Adveritas Accelerates Sports Betting Growth with 79% ARR Surge

9:18am on Friday 31st of January, 2025 AEDT Technology
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Adveritas Accelerates Sports Betting Growth with 79% ARR Surge

9:18am on Friday 31st of January, 2025 AEDT
Key Points
  • 28% increase in December quarter cash receipts to $1.89 million
  • Annualised recurring revenue (ARR) climbs 79% to $7.8 million
  • New and renewed contracts with major sports betting firms including LeoVegas, FanDuel, and Bally's
  • Strategic agency partnerships progressing, expanding reach into eCommerce and other verticals
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