Raketech lists on Nasdaq Stockholm
Malta-headquartered affiliate becomes 20th gambling company to list publicly in the Swedish capital
Swedish affiliate firm Raketech has become the latest gambling company to float on the Stockholm stock exchange.
Raketech joins other industry operators including LeoVegas, Kindred Group and Betsson on the main Nasdaq Stockholm market, along with affiliate rivals Catena Media and Better Collective.
The Swedish capital currently has 20 listed companies operating in the European online gambling industry, beating the London Stock Exchange which is currently home to 16 gambling firms including XLMedia.
Raketech CEO Michael Holmberg said: “We are very pleased about the strong interest in Raketech demonstrated by the public and institutional investors during the listing process.
“The strong demand from both Swedish and international investors confirms our belief in our strategy, our offering as well as our potential.
“This is an important milestone for us, and we welcome all new owners to the continuation of Raketech’s journey,” he added.