Tag Archives: Racing and Sports PTY

ASX eyes placed on Racing and Sports PTY $69m listing

Racing and Sports PTY wants to become betting’s next data and media goliath, joining the high ranks of Sportradar, Genius Sports, Stats Perform and IMG Arena.  The Canberra upstart, which is eagerly awaiting its ASX Exchange listing later this month, is targeting an AUS $69 million (€45m) market capitalisation to accelerate its expansion beyond Australian shores.      Publishing its ASX prospectus, …

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Racing and Sports PTY upsizes IPO as Entain backs ASX enterprise

Entain Plc is reported to be backing the upcoming ASX IPO of Racing and Sports PTY – the dedicated premium data, content and media supplier for Australian horseracing.  Sydney-based investment fund Ord Minnett confirmed that Racing and Sports would be elevating its target IPO raise to AUS $29 million (€19m) in order ‘to accommodate a cornerstone investment by Entain’. Though …

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