Raketech

Malta-based online affiliate and content market provider Raketech has posted its financial report for the first quarter of 2021 showing revenue of €8.3 million, representing an increase of 26.6 per cent on the same period a year before.

CEO Oskar Mühlbach was satisfied with the result, noting that whilst Q1 is typically a slower quarter, the revenue figure for the period matched that of Q4.

Additionally, he identified that the company’s primary growth drivers during the quarter came from its Japanese and US operations, and a strong performance in network sales.

“Operation efficiency continues to be high”, he said, and “growth from [Raketech’s] core operations can be expected to have a positive impact on margin over time”.

Looking to the future, Mr Mühlbach presented a positive outlook, affirming that the company’s team is “currently focusing on ensuring [it] maximises the potential from the European Championships in Football coming up in June”.

He also took the opportunity to issue a warm welcome to industry veteran Ulrik Bengtsson, who is nominated to take on the role of Chairman being vacated by outgoing Christian Lundberg.

Continue Reading

Altenar appoints Sam Hill as sales director

12 April 2024
by iGamingCapital.mt

Sam boasts almost 15 years’ experience within the industry

Malta Gaming Authority stresses it has no connection with maisquebet.com

10 April 2024
by iGamingCapital.mt

A list of MGA-licensed entities can be found on the regulator's website

Videoslots announces Clive Spiteri as chief financial officer

8 April 2024
by Helena Grech

He previously served as finance director at Push Gaming Group

Challenges and opportunities in the Maltese online gambling industry

5 April 2024
by iGamingCapital.mt

While online gambling in Malta has changed a lot, there are still many opportunities for growth

See more