Catena Media Adds Germany-Facing iGaming Internet Network to Growing Portfolio
On the web performance that is gambling-focused business Catena Media today announced just one more purchase deal that saw it buy all iGaming affiliate assets of Delilah Holdings.
The deal is anticipated aristocrat wheres the gold iphone become finished by the conclusion of this month. Underneath the terms of the offer, Catena Media is set to cover a €4.2 million upfront aristocrat wheres the gold free repayment upon the assets’ transfer. Delilah Holdings’ current owners may also be entitled to a maximum earn-out of €2.24 million, centered on its assets’ revenue performance next 12 months.
Delilah Holdings had been established back 2011 wheres the gold slot free. It has the MrGamez.net and Spielekiste.de affiliate internet sites. Both sites target and promote online gambling options to German-speaking players, with Germany and Switzerland being their main markets of great interest. The organization has seen stable and growth that is considerable both wheres the gold emulator jurisdictions over the past many years.
Catena Media said in a pr release from previous today that real-money-casino.club it expects quarterly sales of around €300,000 and an margin that is operating of 80% from the two affiliate websites.
Commenting on the deal, Catena Media CEO Robert Andersson stated it will secure their business with greater exposure wheres the gold pokies online in German-speaking iGaming areas and that it’s part of their strategy to strengthen their profile across Europe.
The lead generation company has extended its footprint in a number of jurisdictions, including the US, through multiple purchases of iGaming affiliate websites and networks over the past two years.
Releasing its financial report for the quarter finished March 31, 2017, Catena Media announced it had 80,421 new depositing customers for the reported wheres the gold coast in australia period, up 149% through the prior-year quarter and 20% through the previous quarter. The company reported income of €15.23 million for the evaluated three months, reflecting an increase of 104% from €7.5 million wheres the gold cup 2017 for similar amount of the past 12 months. Working profit totaled €6.6 million, up 44% year-on-year. EBITDA amounted to €7.2 million, with EBITDA margin standing at 47%.
Catena Media said it was specially pleased with its first-quarter outcomes and hailed AskGamblers being an example that is excellent of performing positively since their wheres the gold online pokie acquisition. The lead generation made gambling headlines spring that is last the purchase regarding the Serbian affiliate internet site for the quantity of €15 million. The deal became the largest one into the business’s history and it has wheres the gold slot online not been matched ever since.
An highlight that is important Catena Media’s development and expansion strategy was the purchase of UK-facing affiliate website CasinoUK. The organization announced a €10.6 million for the website in question. The offer had been viewed as another essential move in regards to Catena Media’s plans to extend and solidify its British impact.
The to generate leads play wheres the gold pokies online free company has turned into one of many major drivers regarding the consolidation trend in the iGaming affiliate space.