RAS signs milestone agreement with LeoVegas Group

RAS Technology Holdings Ltd (ASX:RTH), a leading provider of fully integrated premium data and enhanced content and technology solutions to the global racing and wagering industries, is pleased to announce a commercial agreement with LeoVegas  Group to take over the delivery of the racing service for its brands in the UK. This  follows a thorough global tender and due diligence process. The service is expected to transfer across to RASby mid-2026.

As part of the agreement, RAS will provide pre-race data, its signature enhanced content, official race day data from all major global rightsholders and a fully Managed Trading Service (MTS), all delivered through a unified integration designed to reduce costs, simplify operations and future-proof the racing vertical.

Throughout the tender process, RAS demonstrated its Tier 1 Racing Service complete with a modular and flexible product design that integrates seamles sly into LeoVegas Group’s strategy without requiring wholesale changes. Furthermore, RAS proved the quality and performance of its solution through comprehensive stress testing under live real-world scenarios. Additionally,RAS  approached  the process with a true partnership mindset, presenting a collaborative and well-defined roadmap for continuous improvement with shared success metrics.

The compensation structure for delivering the racing solution will be linked to a percentage of the NGR. The deal is anticipated to provide material revenue for RAS from commencement, given LeoVegas Group already hasstrong brandsand substantial existing customer base.

RAS Technology Managing Director and CEO Stephen Crispe said:

“This is a milestone deal for RAS, which will strengthen the Company’s strategic footprint as a managed-trading partner and accelerate our proprietary MTS growth strategy in regulated markets.

“The agreement willshowcaseRAS’ solution, as a truly independent service provider, requiring just one integration to  deliver  all official  data,  pricing,  trading,  and  editorial, with no third  parties required,allowing LeoVegasGroup to differentiate faster and scale with confidence.”

LeoVegas Group Head of Football & Racing, Jonathon Hurst, said:

“We are very pleased to sign RAS as our racing service provider in the UK. Horse racing is a sport with its strongest following in Britain, and having locally tailored offers like this is a fundamental element in delivering the greatest igaming experience to players.”