Raketech completed the sale of Casumba Media, transferring its Japanese business to concentrate on core markets while enforcing financial discipline under conditions of regulatory uncertainty.

Key Points

• The Casumba Media sale brings no upfront cash but generates €12m ($14m) through scheduled monthly payments.
• Johan Svensson, Raketech CEO, stated that this decision will lower regulatory exposure.
• Raketech confirmed a one-off, non-recurring €10m loss to be reported in Q3 2025.

Raketech Divests Casumba Media to Refocus on Core Markets

Raketech had expanded into Japan six years earlier with Casumba Media’s €2m acquisition, and now disclosed a sale agreement to streamline its marketing service and reinforce focus on core markets. This divestment decision followed regulatory shifts and targeted reductions in risks linked to those developments. Neither the buyer’s identity nor exact regulatory developments were revealed, but considering Raketech’s earlier exits from US Tipster and Subscription units, this transaction continues the broader strategic restructuring.

Revenue in Q2 dropped 54% to €7.8m this year, and the new deal addresses the decline by securing a fixed €12m consideration. Even though no upfront cash was included, Raketech will receive monthly instalments continuing until December 2029. Raketech CEO Johan Svensson positioned the move positively, explaining: “This sale supports refining our portfolio and focusing on building the leading iGaming affiliation commercial platform. Divesting Casumba limits regulatory exposure and reallocates resources for growth.”

Raketech Extends Earnout Payment Deadline to 2028 for Flexibility

In May 2025, Raketech extended the earnout payment period, pushing the last payment deadline from September 2026 to March 2028 for stronger financial flexibility. According to the announcement, Casumba generated approximately €4m annualised revenues during Q2 2025, showing clear financial performance. Raketech expects to register around €10m non-cash loss in Q3 2025, confirmed as a one-off without impact on operational performance.

Svensson further said: “This deal underlines our commitment to long-term shareholder value and maintaining financial discipline.” Earlier in 2025, Raketech Chairman Ulrik Bengtsson resigned after receiving an offer to become CEO at Sun International.