BetMakers MTS, the subsidiary of BetMakers Technology Group, has acquired the IP of Protocol Zone, the specialist developer of wagering software.
The intellectual property acquired from Protocol Zone includes digital tote technology, API data feeds, proprietary trading and ratings models, amongst other tools, which will all form part of the new GTX software that BetMakers expects to release in FY25.
GTX will provide BetMakers’ international ADW and tote wagering customers with a new tote wagering platform, and is also expected to lower BetMakers’ cloud and infrastructure costs relating to its ADW platforms in the US and other jurisdictions.
Komal Modi, CEO of Protocol Zone added: "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."
