Raketech enters Latin America, Spain and Italy through acquisition of Spanish affiliate marketing company Infinileads S.L.

Raketech, the iGaming performance marketing partner, today delivered on yet another important strategic milestone by announcing the acquisition of Spanish based organic casino affiliation marketing company Infinileads S.L (”Infinileads”), with key assets Slotjava.es and Slotjava.it. Through the acquisition of Infinileads, Raketech takes position on several Latin American emerging markets such as Argentina, Mexico and Peru in addition to current Infinileads core markets Spain, Italy and Portugal. As a result of the acquisition, Raketech’s revenues within these regions are expected to reach approximately 5 percent of the group’s total revenues, in Q4 of this year.

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Raketech signs credit facility of EUR 15 million to support continued growth through acquisitions

Raketech, the iGaming performance marketing partner, today announced that the company has signed a one-year revolving credit facility of EUR 15 million with Avida Finans AB. The credit facility enables Raketech to continue to grow through strategic acquisitions and can further be used for financing of working capital, other investments and other general corporate purposes. Interest on the facility is 4,25% plus an annual commitment fee paid upfront. The facility will replace the existing credit facility of EUR 10 million with Swedbank.

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Raketech strengthens its global sports portfolio and footprint in the fast-growing US market

Raketech, the iGaming performance marketing partner, today announced a sports focused acquisition, delivering growth on strategically important markets such as the US. With the acquisition of P&P Vegas Group Inc, Raketech significantly strengthens its sports footprint on the fast-growing US market with assets such as the US betting tipster community; Picksandparlays.net. Furthermore, the company acquires all assets from QM Media AB, including the leading cricket betting website; Onlinecricketbetting.net with majority of its traffic from India. The total purchase price amounts to EUR 16m, payable in cash and issuance of new shares as at closing.

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Invitation to Raketech’s Q1 2021 conference call

Raketech, the iGaming performance marketing partner, will publish its Q1 2021 report on May 12, 2021 at 8:00 CEST. The presentation of the report will start at 09:00 CEST – held by Raketech’s CEO Oskar Mühlbach and CFO Måns Svalborn.

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Raketech enters the US market through acquisition of American Gambler

Raketech, the iGaming performance marketing partner, today delivered on an important milestone on the company’s strategy by announcing its acquisition of the US based organic affiliation marketing assets americangambler.com (“American Gambler”). As a result of the acquisition, Raketech’s revenues within the US are expected to reach approximately 5-10 percent of the group’s total revenues, already in Q4 of this year.

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Invitation to Raketech’s Q3 2020 conference call

Raketech, the iGaming performance marketing partner, will publish its Q3 2020 report on November 11, 2020 at 8:00 CET. The presentation of the report will start at 09:00 CET – held by Raketech’s CEO Oskar Mühlbach and CFO Måns Svalborn.

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Information om påverkan från COVID-19 på Raketech

Raketech, ett performance marketing-företag inom iGaming, följer utvecklingen av
COVID-19-viruset och dess potentiella effekter på iGaming-branschen noga.
Hittills har strategierna för hur utbrottet hanterats varierat från land till
land, vilket gör situationen svår att förutse. Raketech förväntar sig inte några
större negativa effekter på iGaming-branschen på lång sikt, även om intäkterna
från betting med största sannolikhet kommer att påverkas negativt under 2020 på
grund av de många inställda idrottsevenemangen. Det första kvartalet 2020 har
hittills levererat intäkter enligt förväntan med en total omsättning för januari
och februari om cirka 4,0 miljoner EUR. Under mars räknar Raketech med att
leverera intäkter i linje med de två föregående månaderna, exklusive intäkter
från det nyförvärvade Lead Republik Ltd.

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Information about the COVID-19 impact on Raketech

Raketech, the iGaming performance marketing partner, monitors the development of
the COVID-19 virus and its potential effects on its industry closely. So far,
the strategies as how to handle the outbreak have been different from country to
country which makes the situation somewhat hard to predict. Raketech do not
anticipate substantial negative effects on the iGaming industry in the long
term, even though sports betting revenues most likely will be affected
negatively during 2020 due to the many cancelled sports events. Q1 2020 is so
far delivering revenues in line with expectations with January and February
amounting to approximately EUR 4.0m in total. During March, Raketech expect to
deliver revenues in line with the two previous months, excluding revenues from
the newly acquired Lead Republik Ltd.

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