Australia's BetMakers Technology plunges after takeover talks end

Tabcorp Holdings

12/02/2026 04:55

** Shares of BetMakers Technology Group BET.AX fall as much as 19.6% to A$0.185, their biggest intraday pct loss since Nov 27, 2024

** Wagering tech provider responds to local media reports on takeover by Tabcorp TAH.AX

** Co says while there were discussions, no formal offer was received and discussions have ceased

** Tabcorp shares down 2.5%

** YTD, BET shares gained 5.4%

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))