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betr Entertainment Strengthens Leadership with Executive Director Appointment

Story Highlights
  • betr Entertainment appoints Andrew Menz as Executive Director with a new service agreement.
  • Menz’s agreement includes competitive remuneration and non-compete clauses to enhance company leadership.
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betr Entertainment Strengthens Leadership with Executive Director Appointment

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An update from BlueBet Holdings Ltd. ( (AU:BBT) ) is now available.

betr Entertainment Limited announced the key terms of the service agreement with Andrew Menz, who has been appointed as Executive Director. Menz, who has been CEO since July 2024, will receive a fixed annual remuneration of $668,400 and variable incentives based on performance. His employment is not fixed-term and can be terminated by either party with a 12-month notice. The agreement includes post-employment non-compete restraints for up to 12 months. This move is part of the company’s strategy to strengthen its leadership and maintain its competitive edge in the Australian wagering market.

The most recent analyst rating on (AU:BBT) stock is a Hold with a A$0.50 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 digital wagering operator listed on the Australian Securities Exchange, focusing on the Australian wagering market. The company is led by a distinguished board and management team with significant experience in the wagering industry.

Average Trading Volume: 594,768

Technical Sentiment Signal: Sell

Current Market Cap: A$315.3M

For an in-depth examination of BBT stock, go to TipRanks’ Overview page.

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