Catena Media Adds Germany-Facing iGaming Affiliate System to Growing Portfolio
Online gambling-focused performance marketing business Catena Media today announced yet another purchase deal that saw it buy all iGaming affiliate assets of Delilah Holdings.
The deal is anticipated to be finished by the finish associated with wheres the gold slots app the month. Beneath the regards to the deal, Catena Media is placed to pay a €4.2 million upfront play wheres the gold free repayment upon the assets’ transfer. Delilah Holdings’ current owners will also be eligible to an earn-out that is maximum of million, predicated on its assets’ income performance within the next year.
Delilah Holdings had been founded back 2011. It has the MrGamez.net and Spielekiste.de affiliate internet sites. Both sites target and promote wheres the gold pokies app online gambling options to players that are german-speaking with Germany and Switzerland being their primary markets of great interest. The business has seen stable and growth that is considerable both jurisdictions over the past wheres the gold cheats several years.
Catena real-money-casino.club Media stated in a news release from early in the day today that it expects quarterly sales of around €300,000 plus an margin that is operating of 80% through the two affiliate sites.
Commenting on the deal, Catena Media CEO Robert Andersson stated so it will secure his company with greater publicity in German-speaking iGaming markets and that it’s element of their strategy to strengthen their profile across Europe.
In the last two years wheres the gold pokie app, the to generate leads company has extended its footprint in many jurisdictions, including the United States, through multiple acquisitions of iGaming affiliate websites and networks.
Releasing its monetary report for the quarter online casino wheres the gold ended March 31, 2017, Catena Media announced it had 80,421 brand new depositing customers for the reported duration, up 149% from the prior-year quarter and 20% from the quarter that is prior. The business reported income of €15.23 million for the reviewed 90 days, showing a rise of 104% from €7.5 million for similar period of the previous 12 months. Operating profit totaled €6.6 million, up 44% year-on-year. EBITDA wheres the gold free slots amounted to €7.2 million, with EBITDA margin standing at 47%.
Catena Media stated that it was especially pleased with its first-quarter outcomes wheres the gold jackpot and hailed AskGamblers being an exemplary exemplory case of assets performing absolutely since their acquisition. The lead generation made gambling headlines final springtime with the purchase for the Serbian affiliate website for the quantity of €15 million. The offer became the one that is largest into the business wheres the gold app’s history and it has not been matched ever since.
An highlight that is important Catena Media’s development and expansion strategy ended up being the purchase of UK-facing affiliate website CasinoUK. The organization announced a €10.6 million for the website under consideration. The deal had been seen as another move that is important relation to Catena Media’s intends to extend and solidify its UK footprint.
The prospecting business has changed into among the major drivers associated free casino slots wheres the gold with consolidation trend within the iGaming affiliate space.