Raketech Plc has confirmed the dual appointment of Ian Hills and Danielle Parsons as new Managing Directors of its respective Malta and North American business units. The Nordic Nasdaq media publisher has moved to reorganise its senior management ranks to match its heightened 2022 commercial objectives with a view to grow its media network across multiple regulated online gambling markets. …
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Raketech Plc has significantly expanded it’s US wagering media and affiliate publishing network by completing its acquisition of ATS Consultants for $15.5 million. Announced on 9 November, the transformative deal will see Raketech take control of ATS North American sports portfolio, which includes the leading tipster communities of Winnersandwhiners.com, as well as Statsalt.com and Pickpapa.com. The agreed purchase price for …
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Raketech Plc has agreed to acquire the assets of US sports tipster group ATS Consultants for an agreed purchase price of $15.5 million (€13.5m). The deal will see Raketech expand its North American publishing portfolio to include the tipster communities of Winnersandwhiners.com, Statsalt.com and Pickpapa.com. Securing its latest US transaction, Raketech confirmed that it would pay an upfront $12 million …
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Raketech Plc has agreed to acquire QM Media, finalising a deal valued at €16 million, to boost the sports media inventory of its publishing network. This afternoon, Raketech confirmed that it had agreed to acquire QM Media and its P&P Vegas North American subsidiary outright. Deal terms will see Raketech pay €9 million in cash upfront, with the remainder of …
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Raketech Plc has registered record trading results, lauding the growth of its publishing network, servicing multiple geographies and helping offset dependence on Nordic markets. Publishing its Q2 2021 trading update, Raketech registered group revenues of €8.8 million, up 25% on corresponding 2019 results of €7 million. Q2 revenue growth was maintained despite Raketech recording a 15% decrease in new depositing …
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Raketech has acquired Spanish affiliate marketing publisher and lead generation specialist Infinileads SL, in a bid to expand its services for Latin America, Spain and Italy. Marked as an “important strategic milestone”, the acquisition of Infinileads – along with key assests Slotjava.es and Slotjava.it – sees Rakatech enhance its position within several of LatAm’s emerging markets, such as Argentina, Mexico and Peru, in addition to current Infinileads core …
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Raketech has secured a one-year revolving credit facility with Avida Finans for a total of €15 million, enabling the firm to continue embarking on strategic acquisitions. Interest on the facility – which replaces an existing facility with Swedbank of €10 million – stands at 4.25%, in addition to an annual upfront commitment fee. Furthermore, as well as assisting the firm …
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Raketech has reported strong growth across all core metrics for Q1 2021, recording an annual growth rate of 27% with market success in the US and Japan identified as key driving factors. Overall group revenues reached €8.3 million (Q1 2020: €6.5 million), whilst earnings derived from sports increased to 17% of group trading – representing an annual increase of 27%. …
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It hasn’t been plain sailing for iGaming affiliates of late, yet Campeón Gaming Partners (CGP) has bucked the trend by recording growth in customer registration of 258.6% from the first half of 2018 to now, and passing €5 million in commission paid to affiliates across the same period. In conversation with SBC News, the company’s affiliates and partnerships manager Andreza …
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Affiliate marketing network Raketech has continued to strengthen its senior leadership team naming Oscar Karlsten as its new Chief Operating Officer. Karlsten joined the company on 1 May 2020, and will take responsibility for Raketech’s central operations, product development and investments, as well as focusing on the group’s creative content, SEO and UX. Commenting on his new role, Karlsten said: …
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