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BlueBet Holdings Ltd. ( (AU:BBT) ) has shared an update.
betr Entertainment Limited has announced a significant stake in PointsBet shares, aiming to influence shareholder interests and engage with MIXI and the PointsBet Board on value creation. The company reported a successful FY25 with a turnover surge of 140% to $1.42 billion and an adjusted EBITDA of $7.2 million, exceeding expectations. As betr moves into FY26, it plans to leverage its strengths in a competitive market, with new customer-facing products and a Selective Buy-Back to enhance shareholder value.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
More about BlueBet Holdings Ltd.
betr Entertainment Limited is a pure-play digital wagering operator listed on the Australian Securities Exchange (ASX), focusing solely on the Australian wagering market. The company is led by prominent figures in the Australian wagering industry, Matthew Tripp and Michael Sullivan, and boasts a highly experienced management team.
Average Trading Volume: 723,068
Technical Sentiment Signal: Sell
Current Market Cap: A$243.2M
For a thorough assessment of BBT stock, go to TipRanks’ Stock Analysis page.