RAS Secures Milestone Partnership with LeoVegas Group
RAS Technology Holdings Ltd (ASX: RTH) has signed a landmark agreement with LeoVegas Group to deliver racing services for its UK brands, including BetMGM UK. Following an extensive global tender and due diligence process, RAS was selected to provide a fully integrated racing solution encompassing pre-race data, enhanced content, official race day information from major global rightsholders, and a comprehensive Managed Trading Service (MTS).
The service transition is expected by mid-2026 and will operate under a percentage-based share of net gaming revenue (NGR), anticipated to generate significant income from commencement. RAS’s modular and flexible Tier 1 Racing Service seamlessly aligns with LeoVegas’ strategic objectives, demonstrating superior performance through live stress testing and a collaborative improvement roadmap. CEO Stephen Crispe highlighted the deal as a pivotal step in expanding RAS’s managed trading presence in regulated markets, while LeoVegas’ Jonathon Hurst emphasized the partnership’s role in enhancing localized racing experiences for UK players.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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RAS Secures Milestone Partnership with LeoVegas Group
RAS Technology Holdings Ltd (ASX: RTH) has signed a landmark agreement with LeoVegas Group to deliver racing services for its UK brands, including BetMGM UK. Following an extensive global tender and due diligence process, RAS was selected to provide a fully integrated racing solution encompassing pre-race data, enhanced content, official race day information from major global rightsholders, and a comprehensive Managed Trading Service (MTS).
The service transition is expected by mid-2026 and will operate under a percentage-based share of net gaming revenue (NGR), anticipated to generate significant income from commencement. RAS’s modular and flexible Tier 1 Racing Service seamlessly aligns with LeoVegas’ strategic objectives, demonstrating superior performance through live stress testing and a collaborative improvement roadmap. CEO Stephen Crispe highlighted the deal as a pivotal step in expanding RAS’s managed trading presence in regulated markets, while LeoVegas’ Jonathon Hurst emphasized the partnership’s role in enhancing localized racing experiences for UK players.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au