[AusRace] BetZero
sean mclaren
seanmac4321 at gmail.com
Wed Apr 24 07:21:05 AEST 2019
Thanks Len
On Tue, 23 Apr 2019 14:42 L.B.Loveday, <lloveday at ozemail.com.au> wrote:
> EML shares surge on bet365 card contract
>
> - By *Alex Druce*
> - Australian Associated Press
> - 11:05AM April 23, 2019
>
> Shares in Aussie payment tech company EML Payments are trading more than
> 12 per cent higher after it announced a deal to provide a reloadable
> betting card to bet365's US customers.
>
> The launch of the branded bet365 card in New Jersey - where sports betting
> has only recently been legalised - will be the 13th branded reloadable
> prepaid program in the gaming industry EML is managing across Australia,
> Europe, the UK and the US.
>
> Shares in EML rose by 22 cents, or 12.6 per cent, to $1.96 on the ASX at
> 1055 AEST on Tuesday - up 62 per cent from $1.21 a year ago.
>
> Under the agreement, EML will give bet365 customers a reloadable card to
> both remit funds into their gaming account, alongside the existing ability
> to access winnings.
>
> The initial program in New Jersey is expected to launch in mid-2019
> following regulatory approvals.
>
> The partnership has the potential to expand as bet365 moves into other US
> states, EML said on Tuesday.
>
> bet365 is recognised as the world's largest online sports betting company,
> with revenues of more than $US3 billion and 4,000-plus employees.
>
>
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