{"id":18428,"date":"2021-05-28T16:01:02","date_gmt":"2021-05-28T16:01:02","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=18428"},"modified":"2026-04-23T19:05:27","modified_gmt":"2026-04-23T22:05:27","slug":"tabcorp-receives-us3-10bn-offer-from-betmakers","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/tabcorp-receives-us3-10bn-offer-from-betmakers","title":{"rendered":"Tabcorp receives US$3.10bn offer from BetMakers"},"content":{"rendered":"\n

Tabcorp has received a new offer to acquire its wagering and media businesses, this time from BetMakers Technology Group Ltd.<\/p>\n\n\n\n\n\n\n\n

Australia.-\u00a0BetMakers<\/strong>\u00a0has entered into the competition to acquire Tabcorp\u2019s wagering and media business<\/strong>.<\/p>\n\n\n\n

The company made an\u00a0AU$4bn (US$3.09bn) offer\u00a0<\/strong>through which Tabcorp would receive\u00a0AU$1bn in cash and AU$3bn in BetMakers shares<\/strong>.<\/p>\n\n\n\n

Matt Tripp, BetMakers’ strategic adviser, said: “Aside from the value that this offer is anticipated to unlock for shareholders in both companies, this is an\u00a0incredibly exciting opportunity for the Tabcorp Wagering and Media business to maximise its commercial potential<\/strong>\u00a0on a global scale.\u201d<\/p>\n\n\n\n

According to BetMakers,\u00a0the acquisition could improve Tabocorp’s monetisation<\/strong>\u00a0of its content globally by leveraging BetMakers’ technology and B2B expertise.<\/p>\n\n\n\n

Tabcorp has not made any comments <\/strong>regarding the BetMakers offer.<\/p>\n\n\n\n

A few weeks ago the British gaming giant\u00a0Entain upped its original offer for Tabcorp<\/a>\u00a0from AU$3bn to AU$3.5bn.<\/p>\n\n\n\n

Entain said: \u201c[Entain] believes that the revised proposal is compelling<\/strong> both in terms of the value it represents for Tabcorp shareholders in cash, and certainty of deliverability.\u201d<\/p>\n\n\n\n

Apollo Global Management<\/a> has put\u00a0two offers on the table for Tabcorp<\/strong>, one equaling the offer made by Entain and another offering US$3.10bn including Tabcorp’s gaming services business.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tabcorp has received a new offer to acquire its wagering and media businesses, this time from BetMakers Technology Group Ltd.<\/p>\n","protected":false},"author":176,"featured_media":18429,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"BetMakers Technology Group has submitted a AU$4bn offer for Tabcorp's wagering and media businesses, comprising AU$1bn cash and AU$3bn in BetMakers shares. This new bid intensifies the M&A landscape for Tabcorp, which has also received revised offers from Entain (AU$3.5bn) and multiple proposals from Apollo Global Management, including one for US$3.10bn encompassing gaming services. The competition highlights strategic interest in Tabcorp's assets and their global commercial potential.","focusai_entities":"Tabcorp, BetMakers Technology Group Ltd., Matt Tripp, Entain, Apollo Global Management","focusai_location":"Australia","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), compliance_legal (0.8), operator_casino (0.9), affiliate_publisher (0.7), product_ux (0.7), tech_data (0.8), marketing_crm (0.8), payments_fraud_aml (0.7), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Tabcorp's Valuation Drivers","query":"What specific assets or market positions within Tabcorp's wagering, media, and gaming services businesses are driving such diverse and high-value acquisition offers from BetMakers, Entain, and Apollo Global Management?"},{"label":"BetMakers' B2B Strategy","query":"How would BetMakers' B2B technology and expertise be leveraged to enhance the global monetisation of Tabcorp's content, and what are the projected synergies and integration challenges?"}],"footnotes":""},"categories":[16336,157],"tags":[15912,23945,3573,13716],"class_list":["post-18428","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-betmakers","tag-fa","tag-lottery","tag-tabcorp"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=18428"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18428\/revisions"}],"predecessor-version":[{"id":18453,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18428\/revisions\/18453"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18429"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=18428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=18428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=18428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}