Catena Media Adds Germany-Facing iGaming Affiliate System to Growing Portfolio
Online performance that is gambling-focused company Catena Media today announced just one more acquisition online pokies with wheres the gold deal that saw it buy all iGaming affiliate assets of Delilah Holdings.
The transaction is expected become finished by the finish of the thirty days. Underneath the terms of the offer, Catena Media is placed to cover a €4.2 million upfront payment upon the assets’ transfer. Delilah Holdings’ present owners are also eligible to an earn-out that is maximum of million, according to its assets wheres the gold poker machine’ income performance within the next 12 months.
Delilah Holdings was established back in 2011. It has the MrGamez.net and Spielekiste.de affiliate internet sites. Both web sites target and promote online gambling options to German-speaking players 50 lions wheres the gold, with Germany and Switzerland being their main areas of interest. The company has seen stable and considerable growth in both jurisdictions over the past several years.
Catena Media said in a press release from earlier in the day today that it expects quarterly product sales of around €300,000 wheres the gold slot machine for sale plus an operating margin of about 80% from the wheres the gold slot free two affiliate sites.
Commenting regarding the deal, Catena Media CEO Robert Andersson said it will secure his company with greater visibility in German-speaking iGaming markets and it is element of their strategy to strengthen their profile across European countries.
Within the bet365 wheres the gold free play last two years, the to generate leads business has extended its impact in many jurisdictions, including the US, through multiple acquisitions of iGaming affiliate sites and networks.
Releasing its monetary report for the quarter ended March 31, 2017, Catena Media announced it had play wheres the gold online australia 80,421 new depositing clients for the reported duration, up 149% from the prior-year quarter and 20% through the quarter that is prior. The business reported income of €15.23 million for the aristocrat wheres the gold emulator reviewed 90 days, reflecting a growth of 104per cent from €7.5 million for similar period of the year that is previous. Operating profit totaled €6.6 million, up 44% year-on-year. EBITDA amounted to €7.2 million, with EBITDA margin standing at 47%.
Catena Media stated it was specially content with its first-quarter results and hailed AskGamblers being an exceptional example of assets performing positively since their purchase. The lead generation made gambling headlines spring that is last the purchase associated with the wheres the gold slots free Serbian affiliate website for the total amount of €15 million. The deal became the largest one into the organization’s history and has not been matched from the time.
An highlight that is important Catena Media’s development and expansion strategy s town wheres the gold had been the purchase of UK-facing affiliate website CasinoUK. The business announced a €10.6 million for the web site under consideration. The deal was seen as another move that is important relation to Catena wheres the gold slot secret Media’s intends to extend and solidify its British footprint.
The lead generation business has turned into one of the major drivers regarding the consolidation trend inside the iGaming affiliate area.