RTH - RAS Technology Holdings

[System]

RAS Technology Holdings Limited is the holding company of Racing and Sports.

Racing and Sports is a leading provider of fully integrated premium data, enhanced content, and SaaS solutions to the global racing and wagering industries. Today, Racing and Sports is headquartered in Canberra, Australia, and has additional operations in the UK and Sri Lanka.

Racing and Sports currently services a longstanding, established and geographically diverse customer base of racing bodies and authorities, wagering operators, media and digital organisations and retail and private clients. As at 30 June 2021, Racing and Sports engaged 67 personnel across Australia, the UK, and Sri Lanka, with intentions to expand its operations into the US in 2022.

It is anticipated that RTH will list on the ASX on 23 November 2021.

Horse Racing | Racing News | Sports News

Racing and Sports has horse racing information, racing news, racing results for racing australia and sports news.

www.racingandsports.com

 

[Dona Ferentes]

Listing date	23 November 2021 ; 11:00 AM AEDT ##
Company contact details	Horse Racing | Racing News | Sports News Racing and Sports has horse racing information, racing news, racing results for racing australia and sports news. www.racingandsports.com Ph: +61 (0) 2 6288 4080
Principal Activities	Provider of fully integrated premium data, enhanced content and SaaS solutions to the global racing and wagering industries.
GICS industry group	TBA
Issue Price	AUD 1.50
Issue Type	Ordinary Fully Paid Shares
Security code	RTH
Capital to be Raised	$29,000,000
Expected offer close date	12 November 2021
Underwriter	Ord Minnett Limited (Underwriter/Lead Manager)

 

[Dona Ferentes]

And list it did, with one year soon up; but where is it going?

Founded in 1999, RAS Technology Holdings Limited is a leading provider of fully integrated premium data and enhanced content to the global racing and wagering industries. Its services consumer and enterprise markets and its clients span the spectrum of the racing and wagering industries such as Entain Group (including Ladbrokes and Neds), Flutter Group (including Sportsbet, Paddy Power and Betfair), Tabcorp, BlueBet Holdings Limited (ASX: BBT), Bet365, Singapore Pools, Australian Turf Club, Hong Kong Jockey Club and Racing Victoria.

Has recently signed up another outfit; Picklebet, to provide Risk Managed Trading Service and industry-leading customer-facing content to power Picklebet’s Racing product.

And looks like it may change name to Racing & Sports somewhere down the track .