Login/Register
NetEnt
NetEnt
Playtech
BigTimeGaming

Raketech targets expansion in Japan with latest acquisition

2nd September 2019 9:14 am GMT

Stockholm-listed iGaming affiliate Raketech is targeting expansion in the Japanese market through the acquisition of Malta-based Casumba Media.

Raketech has agreed to make an upfront payment of €2.0m to acquire the company, representing a multiple of approximately 3x EBITDA, with the possibility of additional earnout payments based on certain performance measures.

Part of the earnout will be capped up to a maximum of €2.1m until 31 December 2021, with the other part [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Pragmatic Play
Greentube
Skywind Group
Playtech
BigTimeGaming