BetMakers MTS Acquires Protocol Zone’s Intellectual Property
The acquisition includes digital tote technology, API data feeds, proprietary trading and ratings models, and other tools. These will be integrated into the new GTX software, which BetMakers plans to launch in FY25.
BetMakers MTS, a subsidiary of BetMakers Technology Group, has acquired the intellectual property of Protocol Zone, a specialist in wagering software development.
The acquisition includes digital tote technology, API data feeds, proprietary trading and ratings models, and other tools. These will be integrated into the new GTX software, which BetMakers plans to launch in FY25.
GTX is set to enhance the wagering experience for BetMakers’ international ADW and tote wagering customers by introducing a new tote wagering platform. Additionally, the platform is expected to reduce cloud and infrastructure costs for BetMakers' ADW operations in the US and other markets.
Komal Modi, CEO of Protocol Zone, commented:
"Today marks a significant milestone in Protocol Zone’s journey as we announce the acquisition of our intellectual property and software by BetMakers.
“This partnership represents more than just a business transaction: it’s a testament to the innovation, dedication, and expertise our team has demonstrated in developing cutting-edge wagering technology over many years, and we look forward to continuing this journey as part of BetMakers."
