BetMakers, an Australia-based company focused on horse racing, has reported a year-on-year revenue increase of 8.8% for the 2026 financial year, according to a report by trade publication SBC News. The report puts revenue at AU$92.6m (about £49m). SBC News' headline also refers to a 205% rise in EBITDA, a measure of earnings before interest, tax, depreciation and amortisation.
The source material available to Pokiestralia is an excerpt of that report, and it is truncated. This article therefore covers only what the excerpt states.
What has been reported
The verified details are limited. SBC News reports that BetMakers' FY26 revenue grew 8.8% from the prior year to AU$92.6m. The publication's headline says EBITDA rose 205%, but the excerpt does not give the underlying EBITDA figures for either year. It does not say whether the result is a profit or a smaller loss, and it does not say how the company defined or adjusted the measure.
The excerpt also does not break down where the revenue came from. It gives no detail on products, customers or markets. No statement from BetMakers management or its board appears in the material, so this article contains no direct quotes and cannot report how the company itself characterised the result.
A takeover proposal
SBC News describes the company as being in "somewhat of a turbulent era" as it navigates a proposed takeover deal from Tabcorp. The excerpt gives no terms for the proposal. It does not state an offer price, whether the BetMakers board has recommended or rejected it, or when any decision is expected. It also does not say whether regulatory or shareholder approvals would be required.
Because those details are missing, readers should treat the takeover as a proposal only. Nothing in the excerpt indicates that a deal has been agreed or completed.
Scrutiny of the home market
The SBC News report says BetMakers' home market has come under "a whole host of political and public scrutiny". The excerpt does not say which issues or policy debates it means, and it does not identify any regulator, inquiry or legislation. Pokiestralia cannot say from this material how that scrutiny might affect BetMakers or Tabcorp, or the wider racing and wagering sector.
Australian readers should note the regulatory context in general terms. Licensed sports and racing wagering operates under state and territory regimes, and the Interactive Gambling Act 2001 prohibits online casino services from being offered to people in Australia. The excerpt does not connect BetMakers' business to online casino activity.
What is not known
Several questions remain open on the available material:
- The size of the EBITDA figures behind the reported 205% rise. - The terms and status of the Tabcorp proposal. - Any response from BetMakers' board or shareholders. - The specific scrutiny the report says the home market faces.
Pokiestralia will update this report if fuller disclosures, such as the company's results documents or an announcement on the takeover, become available. Anyone affected by gambling harm can contact Gambling Help Online on 1800 858 858.