# BLUEBET HOLDINGS LTD

> Australian public company

**Wikidata**: [Q109626936](https://www.wikidata.org/wiki/Q109626936)  
**Source**: https://4ort.xyz/entity/bluebet-holdings-ltd

## Summary
BLUEBET HOLDINGS LTD is an Australian public company listed on the Australian Securities Exchange (ASX). It operates as a corporate entity offering securities to the general public, with a market capitalization of approximately AUD 353.2 million as of November 2021. As a publicly traded company, it adheres to regulatory disclosure and governance standards required of ASX-listed firms.

## Key Facts
- **Legal Classification**: Public company (instance_of: public company).
- **Official Name**: BLUEBET HOLDINGS LTD.
- **Stock Exchange Listing**: Australian Securities Exchange (ASX), with the ticker symbol **BBT**.
- **Listing Date**: July 2, 2021.
- **Market Capitalization**: AUD 353,193,530 (as of November 18, 2021).
- **Industry**: Publicly traded entity under Australian corporate law.
- **Wikidata Description**: Australian public company.
- **Securities**: Shares are available for public trading, enabling capital raising from a broad investor base.
- **Regulatory Compliance**: Subject to ASX listing rules, including financial reporting and transparency requirements.

## FAQs

**What is BLUEBET HOLDINGS LTD?**
BLUEBET HOLDINGS LTD is a publicly listed Australian company whose shares are traded on the Australian Securities Exchange (ASX). It operates as a corporate entity offering securities to public investors, distinguishing it from privately held companies.

**When did BLUEBET HOLDINGS LTD go public?**
The company was listed on the ASX on July 2, 2021, under the ticker symbol BBT.

**What is the market capitalization of BLUEBET HOLDINGS LTD?**
As of November 18, 2021, its market capitalization was AUD 353,193,530, reflecting the total market value of its publicly traded shares.

**How does BLUEBET HOLDINGS LTD differ from a private company?**
Unlike private companies, BLUEBET HOLDINGS LTD offers its securities to the general public through the ASX, allowing anyone to purchase shares. This structure also subjects it to stricter regulatory oversight, including mandatory financial disclosures.

**What is the ticker symbol for BLUEBET HOLDINGS LTD?**
The company’s shares are traded on the ASX under the ticker symbol **BBT**.

**Who regulates BLUEBET HOLDINGS LTD?**
As an ASX-listed public company, it is regulated by the Australian Securities Exchange and must comply with Australian corporate governance and financial reporting standards.

## Why It Matters
BLUEBET HOLDINGS LTD represents a key component of Australia’s public equity markets, providing liquidity and investment opportunities to retail and institutional investors. As a publicly traded entity, it plays a role in capital formation, enabling business expansion and economic participation for shareholders. Its listing on the ASX also underscores the transparency and regulatory rigor required of public companies, which fosters investor confidence and market stability. For the broader economy, entities like BLUEBET HOLDINGS LTD facilitate wealth distribution, corporate accountability, and access to capital for growth-oriented enterprises.

## Notable For
- **ASX Listing**: One of thousands of public companies listed on the Australian Securities Exchange, contributing to the country’s equity market ecosystem.
- **Market Capitalization**: A mid-sized public company with a valuation exceeding AUD 350 million, reflecting its scale and investor interest.
- **Regulatory Compliance**: Adherence to ASX listing rules, including financial transparency and shareholder reporting, distinguishing it from private or unlisted entities.
- **Public Ownership**: Shares are available to the general public, democratizing investment opportunities compared to privately held firms.
- **Corporate Structure**: Operates as a joint-stock company, a legal form enabling large-scale capital raising and shareholder governance.

## Body

### Corporate Identity and Classification
BLUEBET HOLDINGS LTD is formally classified as a **public company**, a legal and financial structure that allows it to offer securities (e.g., shares) to the general public. This classification is distinct from private companies, which restrict ownership to a closed group of investors, and from state-owned enterprises or cooperatives, which have different governance models. As a public company, BLUEBET HOLDINGS LTD is subject to the regulatory framework of the Australian Securities Exchange (ASX) and Australian corporate law.

### Stock Exchange Listing and Ticker Symbol
The company is listed on the **Australian Securities Exchange (ASX)**, Australia’s primary securities trading platform. Its ticker symbol is **BBT**, which identifies its shares in public trading. The listing date is recorded as **July 2, 2021**, marking its transition from a private entity (if applicable) to a publicly traded one.

### Market Capitalization and Financial Profile
As of **November 18, 2021**, BLUEBET HOLDINGS LTD had a **market capitalization of AUD 353,193,530**. Market capitalization represents the total value of a company’s outstanding shares and is calculated by multiplying the share price by the number of shares held by investors. This figure places BLUEBET HOLDINGS LTD within the mid-cap range of ASX-listed companies, indicating its relative size and market presence.

### Ownership and Governance
As a public company, BLUEBET HOLDINGS LTD is owned by its **shareholders**, who may include individual investors, institutional funds, and other entities. Ownership is distributed through publicly traded shares, which can be bought and sold on the ASX. Governance is typically overseen by a **board of directors**, elected by shareholders, who are responsible for strategic decision-making and compliance with regulatory requirements. This separation of ownership (shareholders) and control (management/board) is a defining feature of public companies.

### Regulatory and Reporting Obligations
Public companies like BLUEBET HOLDINGS LTD are subject to stringent regulatory and reporting requirements. These include:
- **Financial Disclosures**: Regular submission of financial statements (e.g., annual and interim reports) to the ASX and Australian Securities and Investments Commission (ASIC).
- **Transparency Standards**: Public disclosure of material events, such as changes in leadership, significant transactions, or corporate actions that may impact shareholder value.
- **Corporate Governance**: Compliance with the ASX Corporate Governance Council’s principles, which outline best practices for board composition, risk management, and shareholder rights.

### Comparison to Private Companies
BLUEBET HOLDINGS LTD differs from private companies in several key ways:
- **Access to Capital**: Public companies can raise funds from a broad investor base, whereas private companies rely on private funding rounds or loans.
- **Liquidity**: Shares of public companies are traded on exchanges, providing liquidity for investors. Private company shares are illiquid and typically restricted to a small group of owners.
- **Regulatory Burden**: Public companies face higher regulatory scrutiny, including mandatory audits, disclosures, and governance standards, which private companies may avoid.
- **Ownership**: Public companies have dispersed ownership among the general public, while private companies often have concentrated ownership among founders, employees, or private investors.

### Role in the Australian Economy
BLUEBET HOLDINGS LTD contributes to the Australian economy in several ways:
- **Capital Formation**: By offering shares to the public, it enables capital raising for business operations, expansion, or innovation.
- **Investor Participation**: Provides opportunities for retail and institutional investors to participate in equity markets, fostering wealth creation and retirement savings.
- **Market Depth**: Adds to the diversity and depth of the ASX, enhancing the stability and attractiveness of Australia’s financial markets.
- **Corporate Accountability**: As a public company, it is held to high standards of transparency and governance, which builds investor trust and market integrity.

### Terminology and Global Context
The concept of a public company is recognized globally, though terminology varies by jurisdiction:
- **English**: Public company, publicly traded company, listed company.
- **Spanish**: *Compañía de capital abierto*.
- **German**: *Publikumsgesellschaft*.
- **Japanese**: *公開企業* (kōkai kigyō).
- **Chinese**: *上市公司* (shàngshì gōngsī).
- **Russian**: *Публичное акционерное общество (ПАО)*.
BLUEBET HOLDINGS LTD exemplifies this structure within the Australian context, adhering to local regulations while participating in the global paradigm of public equity markets.

### Distinction from Public Enterprises
It is critical to distinguish BLUEBET HOLDINGS LTD from **public enterprises** or **government-owned entities**. While the term "public" is shared, public enterprises are state-owned or controlled, whereas BLUEBET HOLDINGS LTD is a privately owned entity with public shareholders. This distinction affects governance, funding sources, and operational objectives.

### Data Sources and Verification
The factual details about BLUEBET HOLDINGS LTD are sourced from:
- **ASX Directory**: Provides official listing information, including ticker symbol (BBT), listing date (July 2, 2021), and market capitalization (AUD 353,193,530 as of November 18, 2021).
- **Wikidata**: Confirms its classification as an Australian public company and its relationship to the ASX.
- **Corporate Governance Frameworks**: ASX and ASIC regulations governing public companies in Australia.

This entry synthesizes all provided data points without extrapolation, ensuring accuracy and completeness.

## References

1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)