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Swedish struggles impact Raketech revenue in second quarter

21st August 2019 8:14 am GMT

Stockholm-listed iGaming affiliate Raketech has reported a 6 per cent decrease in revenue to €5.7m for the second quarter of 2019.

The company said that results were negatively impacted by lower player values in the Swedish market, as well as a temporary shift in revenue streams due to a larger proportion of revenue share and a lower proportion of Cost per Acquisition (CPA) compared to a year ago.

Casino represented two-thirds of Raketech’s Q2 revenue, with Sports [...]

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