The Board of The BetMakers Holdings Limited (ASX:TBH) (OTCMKTS:TPBTF) wishes to update the market in relation to the sale of TopBetta Pty Ltd and the associated TopBetta and MadBookie retail brands to PlayUp Australia Pty Limited.
Mission NewEnergy Limited (ASX:MBT) (OTCMKTS:MNELF) announces today that PlayUp Limited has not paid MBT amounts owed under the terms of the agreement as announced on October 3, 2018. As a result of this non-payment, MBT has briefed its lawyers to recover the debt by all means necessary and review the status of the contract in light of PlayUp's default.
The BetMakers Holdings Limited (ASX:TBH) (OTCMKTS:TPBTF) advises today that it has not received the final payment of $2Mil from PlayUp Australia Pty Limted in relation to the sale of 100% of the shares in TopBetta Pty Ltd and the associated TopBetta and MadBookie retail brands, which was due on 31 December 2018.
Draftstars, one of Australia's most recognised fantasy sports platforms, has been launched in one of the fastest growing fantasy sports markets in the world. Draftstars India drew 2300 registrations in its first week of operation, with tens of thousands of Rupees being paid out in its initial few days.
Mission NewEnergy Limited (ASX:MBT) (OTCMKTS:MNELF) provides the Company's Annual Report to shareholders.
A record-breaking prize pool was paid out to more than 1600 savvy punters by Australia's biggest fantasy sports platform, Draftstars, following the conclusion of the AFL Grand Final. The final capped the biggest year in the platform's history, after being acquired earlier in the year by fellow Australian fantasy sports operator PlayUp.
The Board of The BetMakers Holdings Limited (ASX:TBH) (OTCMKTS:TPBTF) would like to provide an update in respect of the sale of 100% of the shares in TopBetta Pty Ltd and the associated TopBetta and MadBookie retail brands, to PlayUp Australia Pty Limited, along with the expansion of services into the US market between BetMakers, PlayUp and the Global Tote.
