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BETMAKERS TECHNOLOGY GROUP LTD Board/Management Information 2022

Jan 19, 2022

64512_rns_2022-01-19_759ecb15-b4da-40a2-83c3-74021e61704f.pdf

Board/Management Information

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BETMAKERS TECHNOLOGY GROUP LTD ACN: 164 521 395

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Phone: 1300 208 849 Fax: (02) 8330 6357 22 Lambton Road Broadmeadow NSW 2292

20 January 2022

BETMAKERS APPOINTS GAMING INDUSTRY LEADER AS CEO NORTH AMERICA

Highlights

  • Christian Stuart has been appointed to lead BetMakers’ North American operations as CEO

  • He has been a frontrunner in the US gaming industry for the past 16 years

  • The former executive at Caesars Entertainment Inc will be based in Las Vegas

The Board of BetMakers Technology Group Ltd (ASX:BET) (“BetMakers” or the “Company”) is pleased to announce the appointment of Christian Stuart in the key role of Chief Executive Officer of North America.

For the past 16 years, Christian has been a frontrunner in the US gaming industry, holding executive leadership positions with Caesars Entertainment Inc., the largest gaming company in the U.S. Christian’s previous roles included SVP Business Development of Caesars Digital, Head of Caesars Sports and Online Gaming where he oversaw the expansion of sports betting, online gaming and poker, and EVP Gaming & Interactive Entertainment.

Christian has domestic and international gaming experience across numerous disciplines. He has leadership expertise in developing world-class gaming strategies, executive operations management, facilitating large scale mergers and acquisitions, and building online gaming and sports betting divisions.

BetMakers is looking forward to Christian bringing his significant gaming expertise and experience to this important global role at the Company.

As CEO of North America, Christian will report directly to BetMakers’ Group CEO and Managing Director, Todd Buckingham, who commented:

"We have been investing heavily into the US market for the past 3 years while at the same time building up a US-focused management team. As a next milestone in these efforts, I am excited that Christian is joining the BetMakers leadership team as CEO of North America, given his vast leadership experience in the US gaming industry. North America is a critical market for our Company with its potential for significant growth on the back of the widespread US sports betting expansion and the potential growth of fixed odds wagering."

BetMakers CEO of North America, Christian Stuart, commented:

"I am excited about the opportunities that lay ahead for BetMakers both in the US and globally. BetMakers’ suite of innovative products and existing US management team has created an opportunity for the Company to quickly expand across the US. I look forward to joining the

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team, exceeding the goals of existing partners, and positively impacting the future of the US racing industry."

Pending any regulatory approvals, Christian will begin effective immediately and will be based out of Las Vegas, Nevada.

For further information please contact

Charly Duffy Jane Morgan Company Secretary Investor and Media Relations [email protected] [email protected] + 61 (0) 409 083 780 + 61 (0) 405 555 618

Todd Buckingham, Managing Director of BetMakers, authorised the release of this announcement to ASX.