Raketech completed the acquisition of P&P Vegas Group for $19m.

Raketech, a online affiliate and content marketing company, completed the acquisition of P&P Vegas Group, a developer of a sports betting platform, for $19m. The company feels that the sports-focused acquisition could help it grow in markets like the US, as it has strengthened its sports footprint within the growing US market. In addition, the deal allows it to acquire assets like Picksandparlays.net and all assets from QM Media, including the cricket betting website Onlinecricketbetting.net which will bring in traffic from India.