BetMakers is setting up shop in the heart of America’s betting capital. The company’s latest move? A deal to take over LVDC, the go-to tech provider for pari-mutuel wagering in Nevada. This BetMakers Las Vegas deal could be a game-changer as the group ramps up its U.S. expansion.

• LVDC is the only licensed operator in Nevada for horse and greyhound pari-mutuel betting. It runs the systems behind wagering across casinos, sportsbooks, bars and online platforms. The business holds all the major state licenses, including for dissemination and live broadcast.

• BetMakers says the deal is expected to add around A$4 million in annualised revenue. That number is based on current contracts staying in place, including agreements with big names like MGM Resorts, Caesars, and South Point.

• Profitability is on the cards within the first year, the company says. It’s counting on tech integration and tighter operating costs to make that happen. Management also sees this as a stepping stone toward better margins in the U.S. market.

• The acquisition gives BetMakers a direct line into Nevada’s casino floors and a stronger foothold for its racing content. There’s also room to roll out extra pari-mutuel services statewide — both in-venue and via digital platforms.

• “This deal gives us real reach in a key U.S. market,” said CEO Jake Henson. “It’s a great chance to show what our technology can do for racing and retail wagering.”

• Before it’s official, the deal still needs the usual regulatory and legal boxes ticked. BetMakers will share more details in a formal investor presentation lodged with the ASX.

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