BETMAKERS TECHNOLOGY GROUP LTD — Capital/Financing Update 2018

Aug 28, 2018

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The BetMakers Holdings Limited ABN: 21 164 521 395 Phone: 1300 886 503 Fax: (02) 4962 2553 22 Lambton Road Broadmeadow NSW 2292

29 August 2018

TBH Signs Second US Greyhound Distribution Deal

Highlights

• BetMakers DNA signs second distribution deal with US greyhound racing track, bestbet Jacksonville

• BetMakers DNA to create and distribute fixed-odds data and Global Tote access across bestbet Jacksonville’s 6,000 races annually

• BetMakers DNA has commenced integration of data and vision in the Global Betting Solutions Pty Ltd (“GBS”) platform

The Board of The BetMakers Holdings Limited (“BetMakers”, “TBH” or the “Company”) is pleased to announce that its wholly owned subsidiary, BetMakers DNA Pty Ltd (“BetMakers DNA”) has signed a second US greyhound racing track, Jacksonville Greyhound Racing Inc. trading as bestbet Jacksonville (“bestbet Jacksonville”) to distribute data and vision.

bestbet Jacksonville hosts venues, Orange Park Kennel Club and Jacksonville, both located in North Florida, USA and hosts over 6,000 races annually.

The Agreement between bestbet Jacksonville and BetMakers DNA will allow BetMakers DNA to offer clients data and vision across the bestbet Jacksonville venues.

Integration into the GBS system has commenced and will allow BetMakers DNA to feed the US greyhound products directly into its clients’ backends system. Both the recently announced Palm Beach Kennel Club and this new agreement are expected to be integrated and available to clients in early September.

The BetMakers CEO, Todd Buckingham, commented: “This Agreement with bestbet Jacksonville provides us with another value-add product which we can offer to our clients. With both bestbet Jacksonville and the Palm Beach Kennel Club agreements, wagering operators can now add an additional 11,000 greyhound races each year.”

“We’re looking forward to completing this integration and expect to announce additional international racing tracks over the coming weeks.”

bestbet Jacksonville Director of Racing Industry Relations, Tim Leuschner, commented: “We are very excited to see this project get underway and we look forward to a great relationship with BetMakers. We are especially thrilled to bring our racing into a new market.”

investors.thebetmakers.com • investors@thebetmakers.com • Postal Address: PO Box 33 Broadmeadow NSW 2292

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The material terms of the deal are as follows:

• BetMakers DNA will create and distribute to licensed bookmaking customers in such territories as authorised by bestbet Jacksonville:

• customised fixed-odds pricing data using underlying data sourced and supplied by bestbet Jacksonville; and

• Global Tote services,

• (together, the “ Services ”).

• In consideration for providing the Services, BetMakers DNA will receive a fee calculated on turnover.

• The term of the agreement is 2 years, unless otherwise terminated by either party providing 90 days’ written notice or immediately for cause.

For further information on the Company, please contact:

Charly Duffy Jane Morgan Company Secretary Investor & Media Relations companysecretary@thebetmakers.com investors@thebetmakers.com + 61 (0) 409 083 780 + 61 (0) 405 555 618

Disclaimer

This announcement contains “forward-looking statements.” These can be identified by words such as “may”, “should”, “anticipate”, “believe”, “intend”, “estimate”, and “expect”. Statements which are not based on historic or current facts may be forward-looking statements. Forward looking statements are based on:

(a) assumptions regarding the Company’s financial position, business strategies, plans and objectives of management for future operations and development and the environment in which the Company will operate; and

(b) current views, expectations and beliefs as at the date they are expressed and which are subject to various risks and uncertainties.

The forward-looking statements contained within the announcement are not guarantees or assurances of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company, which may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by forward-looking statements. For example, the factors that are likely to affect the results of the Company include: general economic conditions in Australia and globally; exchange rates; competition in the markets in which the Company does and will operate; weather and climate conditions; technology and infrastructure; conduct of contracted counterparties; and the inherent regulatory risks in the businesses of the Company. The forward-looking statements contained in this announcement should not be taken as implying that the assumptions on which the projections have been prepared are correct or exhaustive. The Company disclaims any responsibility for the accuracy or completeness of any forward-looking statement. The Company disclaims any responsibility to update or revise any forward-looking statement to reflect any change in the Company’s financial condition, status or affairs or any change in the events, conditions or circumstances on which a statement is based, except as required by law. The data, projections or forecasts included in this announcement have not been audited, examined or otherwise reviewed by the independent auditors of the Company. You must not place undue reliance on these forward-looking statements.

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