BetMakers Technology Group has provided an update on its cost base reduction and global efficiencies programme, which is expected to result in significant operating overhead reductions.
As announced on January 31, 2023, the company made a number of board and management changes to enable the optimisation of the business in order to reach its full potential.
As noted by non-executive director Nick Chan: “These changes are designed to affect a strategic reset of the business, with a clear focus on operational discipline, specifically a return to positive cashflows, cost efficiency and optimal capital management.”
During the past four months, the company has undertaken a wide-ranging operational review. The operational restructure has been made possible by streamlining and consolidating key software offerings and leveraging technology monitoring and reporting capabilities. This in turn has allowed the company to streamline its operational infrastructure.
