Supreme Ventures is to increase its shareholding in the company which operates sports gaming business Any Bet.
Supreme Ventures has informed the Jamaica Stock Exchange that the acquisition of the additional shares in Post to Post Betting will be completed in a year.
In May this year Supreme Ventures signed a Letter of Intent with the principals of Post to Post for the acquisition of a majority shareholding in the company.
Post to Post resulted from the merger of Jamaica's largest bookmaking companies – Champion Betting, Track Price Plus Limited and Markham Betting – in 2013.
The three firms operated more than 188 betting shops across Jamaica.