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RAS Technology Holdings Limited (ASX:RTH)
ALERT: Price-sensitive ASX Announcement for RTH
Current share price for RTH : $0.550 -0.04 (-6.78%)+
Announcement
Release
20 May 2026 9:45AM
Price at Release
$0.590
Full Release
Summary
RAS Technology Holdings Limited (ASX:RTH), a prominent provider of integrated data and content solutions to the global racing and wagering industries, announced new deals and contract extensions expected to add at least $2.0 million in annual revenue. Significant agreements include a partnership with Altenar, a UK-based sports betting software company, an extended five-year contract with TABtouch for racing data enhancement, and a new agreement with LeoVegas commencing with BetMGM Sweden. Additionally, the company is expanding its reach in the Asian market with new commercial partnerships and is actively supporting projects like Fairplay in the UK and Laserbet in Australia.
Key Points
- RAS signs agreement with UK-based Altenar for sportsbook solutions.
- Contract extension with TABtouch for five years, enhancing data services.
- Partnerships with Playbook Engineering, Pragmatic Play, and Openbet continue.
- Launch of commercial agreement with LeoVegas, focusing on European brands.
- Expansion in the Asian market with new commercial agreements.
- RAS's managed trading services and data solutions supporting growth.
- Overall expectation of $2.0 million increase in annualised revenue.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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