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Tabcorp buys racing tech firm BetMakers for 283 million dollars
Tabcorp buys Melbourne racing tech firm BetMakers for 283 million dollars. The price is 24 cents per share. Shareholders can take cash or up to 25% in Tabcorp stock instead.
Why it mattersTabcorp gains BetMakers' racing technology and platform. It can combine these with its own rights, content and customer base to build a stronger global betting and media business.
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