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TopBetta Holdings Q3 earnings
AUSSIE ONLINE BOOKMAKER DOING WELL
TopBetta Holdings achieves robust growth momentum from betting tournaments.
Australian online bookmaker TopBetta Holdings latest performance numbers show that the company continues to prosper and grow, posting results that indicate turnover reached A$12 million and revenues A$1.2 million during the third quarter ended September 2016.
The ASX-listed company recently added fantasy sports to its offering, and the report indicates that the site held 1,650 tournaments and paid over A$1.5 million to winners.
TopBetta’s subsidiary, The Global Tote Limited, was recently granted a Category 2 (business to business) e-gambling licence by the Alderney Gambling Control Commission, allowing TopBetta to offer its products to international corporate bookmakers through The Global Tote Limited.
Chief executive officer Todd Buckingham reported to shareholders that the company has enjoyed another solid trading quarter in the companys busiest quarter to date.
“The business is now ready to tackle the busy Spring Racing which is in full swing, heading into the Melbourne Carnival,” he said.
In August this year, the company raised $2.6 million from an oversubscribed capital raising to global and domestic institutional investors.
Gambling News :
Alegriabet Finally Launches -
Our online betting site will deliver a full, market-leading suite of services including pre-match and live betting as well as virtual sports
International Table Tennis Federation in deal with Sportradar. -
The International Table Tennis Federation (ITTF) has today announced it has signed a brand-new integrity partnership with Sportradar utilising the organisation’s world-leading monitoring, intelligence and prevention solutions to help safeguard the sport against match fixing.
NBA odds on Thunder vs. Pacers Game? -
This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.
2 New Christmas Slots For Microgaming -
Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.
SportsBetting Supreme Court Showdown -
Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)
NBA Odds: Heat Can Burn Cavaliers in Cleveland -
The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.
Games Concept Day in Malta -
The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.
AFC’s fight against match-fixing -
The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.
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