PlayUp Ltd. has announced a further $750,000 has been paid towards its acquisition from The Betmakers Holdings Ltd. (ASX:TBH) of TopBetta Pty Ltd, which includes the TopBetta and MadBookie wagering platforms.
In a press release issued by Mission New Energy (ASX:MBT) (OTCMKTS:MNELF) last week, the renewable energy company claimed that sums were outstanding and owed to it by PlayUp Ltd.
PlayUp has decided to terminate its acquisition of US gaming platform 123gaming.
Mission NewEnergy Limited (ASX:MBT) (OTCMKTS:MNELF) announces today that the proposed acquisition between Playup and 123gaming, as announced on August 1, 2018, has failed to proceed.
The Board of The BetMakers Holdings Limited (ASX:TBH) (OTCMKTS:TPBTF) wishes to update the market in relation to the sale of TopBetta Pty Ltd and the associated TopBetta and MadBookie retail brands to PlayUp Australia Pty Limited.
Mission NewEnergy Limited (ASX:MBT) (OTCMKTS:MNELF) announces today that PlayUp Limited has not paid MBT amounts owed under the terms of the agreement as announced on October 3, 2018. As a result of this non-payment, MBT has briefed its lawyers to recover the debt by all means necessary and review the status of the contract in light of PlayUp's default.
The BetMakers Holdings Limited (ASX:TBH) (OTCMKTS:TPBTF) advises today that it has not received the final payment of $2Mil from PlayUp Australia Pty Limted in relation to the sale of 100% of the shares in TopBetta Pty Ltd and the associated TopBetta and MadBookie retail brands, which was due on 31 December 2018.
