** Shares of Betmakers Technology BET.AX rise 4.6% to A$0.115

** Stock set for best session since January 21, if gains hold

** Advanced technology and service solutions provider acquires intellectual property and software $(IP)$ from Protocol Zone

** Says acquired IP to form part of new gtx software which co expects to release in FY25

** Co to pay A$1.5 million ($942,150.00) for the acquired IP

** Stock up 4.8% year this year, as of last close

($1 = 1.5921 Australian dollars)

(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com;))