Australia's RAS Technology eyes best day ever on data supply agreement with Tabcorp

RAS Technology Holdings

30/07/2026 05:21

** Shares of Ras Technology RTH.AX surged 24.1% to A$0.720, putting the stock on track for its strongest single-day gain ever
** Betting data provider's shares climbed to an almost 11-week peak, and set for extending gains for a third straight session
** Co secures a new four-year agreement with gambling operator Tabcorp TAH.AX under which it will supply domestic data and content, with the contract valued at A$9.1 million  ($6.33 million)
** The deal builds on the partnership established in May 2023
** YTD, RTH has fallen 15.3%, underperforming TAH, whose shares are down a comparatively 6.6%.

($1 = 1.4374 Australian dollars)


 (Reporting by Shravya Marakini in Bengaluru)
 ((Shravya.Marakini@thomsonreuters.com;))