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Fact-checked by Angel Hristov
Raketech to Sell Its Remaining US Tipster Assets
The divested assets include brands such as Winnersandwhiners.com, Picksandparlays.net, and Statsalt.com
Raketech Group has announced, following a strategic review, that it has reached an agreement to sell its non-core US tipster and subscription business for a total consideration of €1.25 million ($1.44 million).
Raketech Divests Remaining US Tipster Assets to Sharpen Strategic Focus
Of this amount, €450,000 ($482,000) will b֔e paid at closing, €350,000 ($375,000) after nine months, and the remaining €450,000 ($482,000) after eighteen months. The consideration is fixed and unconditional. The transaction is expected to close by the end of June 2025.
The divested assets include brands such as Winnersandwhiners.com, Picksandparlays.net, and Statsalt.com. These assets have a combined book value of approximately €1.0 million ($1.07 million), resulting in a recorded gain of €0.3 million ($321,000) in Q2 2025. However, this gain is offset by operational losses related to the US tipster business of around €0.5 million ($535,000) and disposal-related advisory fees of €0.2 million ($214,000).
Preparations for this move began last year when Raketech divested its US offline advisory sales operations for $2.25 million. This shift toward scalable digital models resulted in an agreement to divest the remaining US tipster and subscription assets.
Johan Svensson, CEO of Raketech, stated that AffiliationCloud has become central to the company’s operations, with a continued focus on growth drivers such as entrepreneurial partnerships within Affiliation Marketing, the expansion of Publisher Networks, and exclusive commercial operator agreements within SubAffiliation. He noted that the divestment aligns with Raketech’s strategic emphasis on a platform-first approach and reinforces its commitment to financial discipline by exiting areas that fall outside its core commercial strengths.
About Raketech
Raketech is a prominent online affiliate and content marketing company, specializing in comparison services for sports and gaming, as well as online guides, communities, and social media products. Raketech was founded in 2010 to help ourselves and our friends navigate the iGaming landscape. Since then, the company has evolved into an award-winning iGaming affiliate, focused on areas we consider engaging, exciting, and meaningful.
The company helps sports and gaming enthusiasts discover the most suitable services while generating high-quality traffic and leads for its partners. Raketech pursues growth both organically and through acquisitions, operating within a well-defined framework for responsible affiliate marketing. The company’s shares are traded on the Nasdaq First North Premier Growth Market under the ticker symbol RAKE. DNB Carnegie Investment Bank AB (publ) serves as Raketech’s Certified Adviser.
Stefan Velikov is an accomplished iGaming writer and journalist specializing in esports, regulatory developments, and industry innovations. With over five years of extensive writing experience, he has contributed to various publications, continuously refining his craft and expertise in the field.
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