BetMakers Technology Group has announced a definitive agreement to purchase the Las Vegas Dissemination Company.
This acquisition marks a significant strategic move for the global wagering technology provider.
LVDC is a diversified gambling solutions supplier with deep roots in the Nevada market.
BetMakers stated the deal will grant it direct access to major U.S. casino and sportsbook operators.
Strategic Foothold in Key U.S. Market
The purchase is designed to accelerate the rollout of BetMakers’ global network.
The company described LVDC as providing a “strategically critical foothold” in Nevada.
Founded in 1988, LVDC has been part of the state’s gaming ecosystem for nearly four decades.
It services sportsbooks, racebooks, bars, taverns, and online platforms with race information and wagering processing.
Financial terms of the agreement were not publicly disclosed.
BetMakers projected that LVDC will generate approximately $4.5 million in revenue in the first post-acquisition year.
The business is also expected to be at least adjusted EBITDA break-even.
“Nevada is one of the most recognisable wagering markets in the world, yet digital adoption of horse racing is still in its infancy,” said BetMakers CEO Jake Henson.
“It represents one of the largest blue-sky opportunities in the US market,” he added.
Henson emphasized the value of LVDC’s established operator relationships.
“LVDC provides not only market access, but access at scale through the most respected casino groups in the country,” he stated.
These groups include Caesars Entertainment, MGM Resorts, Wynn, Sands, and SouthPoint.
The acquisition is anticipated to close in the second half of 2026.
Expansion Follows Other Recent Deals
This agreement follows another recent U.S. growth development for BetMakers.
The company this week signed a three-year extension to its deal with Penn Entertainment.
The extension, effective from January, builds on a partnership that began in 2022.
BetMakers will remain the exclusive international distributor of Penn’s racing content for fixed odds and exchange wagering.
The company also continues to provide Penn with Host Tote operations and digital wagering solutions.
Separately, in its native Australia, BetMakers has struck a deal to support the launch of the CrownBet brand.
BetMakers will deliver its full Apollo wagering platform for CrownBet, which is owned by Betfair Australia.
“This represents the most significant commercial milestone to date for its Apollo platform,” the company said.
The launch of CrownBet is targeted for early 2026.
