Raketech Settles €20.3M Casumba Earnout for €8.2M
Raketech Group has reached an agreement with the former owners of Casumba Media Ltd to settle an outstanding earnout obligation for €8.2 million, reducing the amount payable by approximately €12.1 million. The Malta-based iGaming affiliate announced the agreement on October 19, confirming that the existing liability stood at approximately €20.3 million, including accrued interest. The settlement represents a reduction of nearly 60% and will eliminate the company’s remaining earnout obligations once completed. Raketech has secured approval for €5.5 million in […] The post Raketech Settles €20.3M Casumba Earnout for €8.2M appeared first on World Casino News.
Raketech Group has reached an agreement with the former owners of Casumba Media Ltd to settle an outstanding earnout obligation for €8.2 million, reducing the amount payable by approximately €12.1 million. The Malta-based iGaming affiliate announced the agreement on October 19, confirming that the existing liability stood at approximately €20.3 million, including accrued interest. The settlement represents a reduction of nearly 60% and will eliminate the company’s remaining earnout obligations once completed. Raketech has secured approval for €5.5 million in […]
The post Raketech Settles €20.3M Casumba Earnout for €8.2M appeared first on World Casino News.
