Catena Media Adds Germany-Facing Affiliate that is iGaming Network Growing Portfolio
On line performance that is gambling-focused free pokie games wheres the gold company Catena Media today announced just one more purchase deal that saw it buy all iGaming affiliate assets of Delilah Holdings.
The deal is expected to be completed by the conclusion for the month. Beneath the regards wheres the gold coast in australia to the deal, Catena Media is scheduled to pay a €4.2 million upfront payment upon the assets wheres the gold feature sound’ transfer. Delilah Holdings’ current owners may also be entitled to a maximum earn-out of €2.24 million, according to its assets’ revenue performance next year.
Delilah Holdings had been founded back in 2011. It owns the MrGamez free wheres the gold slot machine.net and Spielekiste.de affiliate internet sites. Both internet sites target and promote online gambling options to players that are german-speaking with Germany and Switzerland being their main markets of interest. The organization has seen stable and considerable growth in both jurisdictions over the past years.
Catena Media stated in a pr release from previous today it expects quarterly product sales of around €300,000 wheres the gold characters and an running margin of about 80% from the two affiliate websites.
Commenting on the deal, Catena Media CEO Robert Andersson stated wheres the gold free play so it will secure their business with greater exposure in German-speaking iGaming areas and that it’s element of their technique to strengthen their profile across European countries.
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 monetary report for the quarter ended March 31, 2017, Catena Media wheres the gold free pokie announced so it had 80,421 brand new depositing customers for the reported period, up 149percent from the prior-year quarter and 20% through the previous quarter. The company reported revenue of €15.23 million for the evaluated 3 months, showing a rise of 104per cent from €7.5 million for the same amount free online casino slots wheres the gold of the year that is previous. Running 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 that it was especially quite happy with its first-quarter results and free poker machines downloads wheres the gold hailed AskGamblers being an exceptional exemplory case of assets performing absolutely since their purchase. The to generate leads made gambling headlines final springtime with the purchase of the Serbian affiliate web site for the quantity of €15 million. The deal became wheres the gold slot game the largest one in the business’s history and has now not been matched ever since.
An highlight that is important Catena Media’s development and expansion strategy was the acquisition of UK-facing affiliate website CasinoUK. The business announced a €10.6 million for the web site in question. The deal ended up being regarded as another move that is important relation to Catena Media’s intends to expand and solidify its UK impact.
The lead generation business has turned into among the major motorists regarding the consolidation trend in the affiliate aristocrat wheres the gold download space that is iGaming.