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.
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.
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.
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.
Raketech, the iGaming performance marketing partner, today announced that the current chairman of the board of directors, Christian Lundberg has declined re-election. The nomination committee has therefore suggested Ulrik Bengtsson to be appointed as new chairman of the board as of the Annual General Meeting on May 17 of 2021.
Raketech, the iGaming performance marketing partner, will publish its year-end 2020 report on February 17, 2021 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.
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.
Raketech, the iGaming performance marketing partner, today announced that the company has divested its consumer finance assets to ROI Media UK, for a total consideration of EUR 4.2m. The divestment is in line with Raketech’s strategy of being the preferred performance marketing partner within iGaming.
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.
In accordance with the resolution of the Annual General Meeting, a principal nomination committee ahead of the next Annual General Meeting taking place in May 2021 has been appointed. The nomination committee remains unchanged and includes representatives from four of Raketech’s largest shareholders and the Chairman of the Board.
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.
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.