Affiliates News

Gaming Innovation Group

Gaming Innovation Group posts record revenue in Q3

Oslo-listed gaming supplier Gaming Innovation Group (GiG) hit a new record high in the third quarter of 2022, as revenue increased by 35 per cent to €22.9m.

Despite general lower seasonal activity through July and August, GiG said that the year-on-year growth was driven by a record performance from its GiG [...]

1 min read

Australia blocks 96 iGaming domains in ongoing crackdown on illegal gambling

A surge in the number of complaints about online gambling affiliates resulted in 275 investigations by the Australian Communications and Media Authority (ACMA) during the third quarter of this year.

The Australian media regulator received 314 enquiries and complaints during the third quarter, 87 per cent of which (275) were valid [...]

1 min read

Enteractive expands US reach with Pennsylvania approval

Malta-based player reactivation and retention specialist Enteractive has expanded its US presence after securing a service licence from the Pennsylvania Gaming Control Board (PGCB).

The licence adds to Enteractive’s existing service licence from the New Jersey Division of Gaming Enforcement (NJDGE), which was issued in April 2021, with Enteractive now able [...]

2 mins read

Playmaker Capital acquires iGaming affiliate Wedge Traffic

Digital sports media company Playmaker Capital is expanding its affiliate capabilities with the acquisition of Wedge Traffic.

Playmaker is acquiring the Glasgow, Scotland-based gambling affiliate for US$31.2m, comprised of a cash payment of $8.5m on closing and 3,694,933 Playmaker shares at a piece of $0.75 per share.

The total price includes a [...]

3 mins read

Enteractive Media agrees Nasdaq SPAC merger

Gambling-focused media company Enteractive Media plans to go public on the Nasdaq stock market through a merger with special purpose acquisition company Parsec Capital Acquisitions.

The board of directors of both companies have approved the transaction, which is expected to close before the end of this year, subject to shareholder approval [...]

2 mins read

Massachusetts targets January 29 sports betting launch

Massachusetts is likely to launch retail sports betting on January 29, 2023, with online betting expected to follow within two months.

The Massachusetts Gaming Commission settled on the proposed dates at a meeting on Friday, although commissioners warned that the launch date for online betting could be pushed back if there [...]

1 min read

BOTB sells major stake to Teddy Sagi’s Globe Invest

The family office of iGaming entrepreneur Teddy Sagi is acquiring a stake in London-listed online competitions operator Best of the Best (BOTB).

Sagi’s Globe Invest will acquire an initial 29.9 per cent stake in the business for approximately £10m from founding shareholders William Hindmarch and Rupert Garton.

The £4 per share acquisition [...]

1 min read

North America drives Gambling.com second quarter revenue growth

New York-listed online gaming affiliate Gambling.com Group has reported a 53 per cent increase in revenue to $15.9m for the second quarter of 2022, buoyed by strong growth in North America.

The company delivered more than 57,000 new depositing customers during the quarter, with revenue from North America soaring 342 per [...]

1 min read
Better Collective

Better Collective posts 40% revenue growth

Stockholm-listed gaming affiliate Better Collective grew second quarter revenue by 40 per cent to €56.0m following strong growth in the United States.

The year-on-year improvement includes a full quarter’s contribution from Action Network in the US, compared to just one month’s contribution in the prior year period.

On an organic basis, revenue [...]

1 min read
Catena Media

Catena Media sees revenue fall 5% in tough second quarter

Stockholm-listed iGaming affiliate Catena Media has reported a 5 per cent fall in revenue to €28.9m for the second quarter of 2022, with results weighed down by challenging trading conditions in Europe and Japan.

The company said that the year-on-year revenue decline was a result of sports calendar seasonality and macroeconomic [...]

1 min read

Raketech acquisitions drive Q2 revenue growth

Stockholm-listed gaming affiliate Raketech has reported a 28.6 per cent increase in revenue to €11.3m for the second quarter of 2022, with growth driven entirely by acquisitions.

The company said that its core portfolio of affiliation marketing assets delivered solid results during the period, despite challenging market conditions and a 4 [...]

1 min read
Catena Media

Catena Media plans for redundancies amid wider strategic review

Catena Media is planning for redundancies within its Malta and UK operations as part of an expanded strategic review of its European business.

The company said Wednesday that the strategic review initiated in May will now be expanded to include the European online gaming and betting affiliate business, which has suffered [...]

1 min read
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