Casino steps up as Raketech scores 24% Q3 revenue rise

Malta-based affiliate wary of Swedish headwinds and stuttering sports segment as it moves into Q4

Raketech has recorded a 23.9% year-on-year (YoY) rise in Q3 revenue to €7.4m with the affiliate leaning heavily on its casino income. The Malta-headquartered firm noted that casino accounted for 85.5% of total Q3 revenue, up 18.2% from the same period in 2019. Sports betting – interrupted earlier in the year by Covid-19 – made…

Finance | Malta | Q3 2020 | Raketech | Sweden