ATS TO MAKE SUBSTANTIAL NEW INVESTMENTS INTO ADVISORY SERVICES DURING 2023; EXPECTS CONTINUED UNPRECEDENTED RESULTS FOR CLIENTS.
FOR IMMEDIATE RELEASE
Baltimore, Maryland (February 27th, 2023) - Today ATS Consultants, (“ATS”), a wholly owned subsidiary of Raketech Group Holdings PLC (STO:RAKE) and leading sports advisory firm, presents their program development strategy for 2023.
Currently, ATS’s flagship advisory services program - “ATS Lock Clubs” - have been profitable for clients 11 of the last 13 weeks (84.6%), providing typical clients a net return of $58,250. The programs continue to outperform expectations and the last few months represent one of the most profitable periods for clients in the company’s 31 year history.
This significant improvement in program performance is the direct result of the investments made possible by ATS’s new parent company, Raketech, after closing the acquisition in December of 2021.
Due in part to these early successes, Raketech recently announced during their Q4 earnings call last week that one of the core 2023 focuses for the group is to heavily invest into advisory services:
“....continue to deliver growth and EBITDA margins in line with, or above, the group’s previous financial targets. Further, in line with the strategic decision to expand the SaaS product AffiliationCloud and the US Tipster* services, the composition of the group’s revenue and profit streams has changed.” (Source)
*Tipster is a common term in Europe for sports betting services.
ATS PROGRAM DEVELOPMENT STRATEGY FOR 2023
In partnership with Raketech’s senior management, ATS’s leadership has prepared a roadmap for 2023 to properly leverage this substantial increase in resource and capital investments to continue to improve program performance and provide clients with unprecedented results.
These investments include recruiting top tier handicapping talent, data scientists, computer engineers, and other key professionals to help improve data processing and analytics capabilities to further enhance ATS’s capabilities to evaluate all available data points, public and confidential, to produce actionable information for their clients.
A portion of this investment will be utilized for continued R&D in the fields of Artificial Intelligence and Machine Learning, a space that ATS has been active in since 2019.
ATS’s Vice President of Operations had this to say, “We partnered with Raketech anticipating the significant potential upside for our clients both in terms of capital investments and access. Initiatives on both fronts throughout 2022 delivered the incredible results we are providing our clients today. I’m very excited that Raketech is substantially increasing their investments with us after these early results, allowing us to continue improving program performance for our clients.”
INCREASED CLIENT FEES ANTICIPATED BY Q3
Raketech is undertaking these investments into ATS’s programs with the qualified expectation that, like over the course of 2022, ATS will quickly implement and translate these program enhancements into profitable results for clients.
To maintain profitability expectations for Raketech’s investors, ATS intends to substantially increase program pricing starting in Q2 by more than 20% by the end of Q3 to reflect the increased on-going costs as well as program improvements resulting from the investments made last year.
Further, ATS anticipates increasing program fees again as the upcoming and latest investments start to produce expected results for clients.
ADDITIONAL INFORMATION
ATS Consultants is a leading sports betting advisory firm and a wholly owned subsidiary of Raketech Group Holdings plc (STO:RAKE). ATS provides individualized services that help guide clients towards sustainable, profitable sports betting strategies. For more information and to learn more about ATS's programs visit www.atsbas.com or email [email protected].