Business
Why the Betmakers (ASX:BET) share price is seesawing today
The BetMakers Technology Group Ltd (ASX: BET) share price emerged from its trading halt this morning and jumped higher before dropping below its opening price.
At the time of writing, the Betmakers share price is trading down 2.07% at 71 cents. Let’s take a look.
Why is the BetMakers share price so volatile?
Shares in the Aussie betting group surged nearly 7% higher this morning after the company announced a new international distribution deal.
BetMakers has signed a new agreement with Prime Sports Jamaica Limited (PSJ) and Supreme Ventures Racing and Entertainment Limited (SVREL). Both entities are wholly-owned by Supreme Ventures Limited.
The new 5-year agreement will see BetMakers secure the rights to manage fixed odds…
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