BETMAKERS TECHNOLOGY GROUP LTD — Capital/Financing Update 2019

Jan 16, 2019

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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

17[th] January 2019

Update on PlayUp Transaction

The Board of The BetMakers Holdings Limited (the “ Company ”) wishes to update the market in relation to the sale of TopBetta Pty Ltd (“ TopBetta ”) and the associated TopBetta and MadBookie retail brands to PlayUp Australia Pty Limited (“ PlayUp ”).

PlayUp has undertaken to pay the outstanding $1.75M payment as follows:

• $750k to be paid by 17[th] January 2019. The Company confirms that this payment has been received; and

• $1Mil to be paid by 29[th] January 2019.

For further information on the Company, please contact:

Charly Duffy Company Secretary companysecretary@thebetmakers.com + 61 (0) 409 083 780

Jane Morgan Investor & Media Relations investors@thebetmakers.com + 61 (0) 405 555 618

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