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BlueBet Boosts Market Share with $10M TopSport Acquisition and $15M Capital Raise
10:00am on Wednesday 5th of February, 2025 AEDT
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Gambling
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BlueBet Boosts Market Share with $10M TopSport Acquisition and $15M Capital Raise
10:00am on Wednesday 5th of February, 2025 AEDT
Key Points
Acquisition of TopSport assets for $10 million upfront payment
Equity raising of approximately $15 million via institutional placement
Expected >30% pro-forma EPS accretion in FY26 and FY27
TopSport customers to migrate to BlueBet’s proprietary platform
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