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Philippines bill aims to ban gambling promotion on the internet

Philippines Senator Robinhood Padilla has introduced legislation to outlaw online publication and promotion of gambling related content.

Padilla said the bill is a necessary move to lessen the exposure and impact of gambling on the general public, especially young people.

His proposal would prohibit “online publication of materials that instruct or demonstrate [...]

1 min read

Catena Media names Kindred executive Manuel Stan as new CEO

Stockholm-listed online gaming affiliate Catena Media has appointed Kindred Group’s senior vice president of North America, Manuel Stan, as its next CEO.

Stan will replace Michael Daly, who stepped down as CEO last week, and will lead Catena Media’s North American and global market operations from Las Vegas, where he is [...]

2 mins read

Better Collective raises €145 million to fund future M&A

Betting and gaming affiliate Better Collective has raised DKK1.08 billion (approximately €145.1 million) through a new share offering, which will be used for future M&A opportunities in the sports media space.

The company has issued 5,712,284 new shares, equivalent to approximately 10 per cent of its registered share capital, through an [...]

1 min read
Catena Media

Catena Media begins search for new CEO to replace Michael Daly

Stockholm-listed online gaming affiliate Catena Media has confirmed the departure of CEO Michael Daly with immediate effect.

Daly has agreed to step down as CEO following careful consideration and consultation with the company’s Board, with vice president of corporate strategy Pierre Cadena assuming the role of interim CEO.

Daly will remain available [...]

2 mins read
Better Collective

Better Collective exceeds forecast as 2023 revenue hits €326.7 million

Betting and gaming affiliate Better Collective has exceeded its revenue forecast for 2023 as full year revenue increased by 21 per cent to €326.7 million.

The strong performance came despite revenue in the final quarter of the year declining 1 per cent to €85.2 million, as new depositing customers (NDCs) fell [...]

1 min read

Raketech revenue grows to €77.7 million in 2023

Stockholm-listed iGaming affiliate Raketech has recorded a 48 per cent increase in revenue to €77.7 million for 2023, with results in line with its previously increased guidance.

The company enjoyed a strong finish to the year as Q4 revenue rose 45 per cent to €22.8 million, driven by its sub-affiliation business, [...]

1 min read
Gaming Innovation Group

Gaming Innovation Group slips to Q4 loss despite 37% revenue growth

Gaming Innovation Group has reported a 37 per cent increase in revenue to €35.6 million for the fourth quarter of 2023, driven by strong growth in the GiG Media division.

GiG Media saw revenue climb 49 per cent year-on-year to €26.5 million in the final quarter of the year, as first [...]

1 min read
Catena Media

Catena Media turns to AI to drive growth as Q4 revenue falls by 41%

Online gaming affiliate Catena Media recorded a 41 per cent fall in revenue to €14.5 million in the final quarter of 2023.

The weak fourth quarter performance pushed full year revenue down 22 per cent year-on-year to €76.7 million, driven by a 21 per cent fall in revenue from North America [...]

1 min read

FairPlay Sports Media acquires predictive sports data specialist

Sports media network FairPlay Sports Media has acquired Toronto-based predictive sports data specialist Quarter4 (Q4).

The deal will see FairPlay brands such as oddschecker and WhoScored.com utilise Q4’s prediction services in combination with its price movement data across global sporting events.

The value of the transaction has not been disclosed.

“The acquisition of [...]

2 mins read

Raketech begins search for new CEO as Mühlbach steps down

Raketech chief executive Oskar Mühlbach has handed in his resignation over differing views on the future direction of the company.

Mühlbach has served as chief executive officer of the online gaming affiliate since December 2019 and steps down with immediate effect.

He will be replaced by Raketetch co-founder and former board member [...]

2 mins read
XLMedia

XLMedia begins search for new chief financial officer

London-listed iGaming affiliate XLMedia is looking for a new finance chief to replace Caroline Ackroyd, who will leave the company at the end of March.

Ackroyd has notified the Board of her intention to resign with a view to joining an operator in the gambling sector, but will remain with the [...]

2 mins read
Gaming Innovation Group

Gaming Innovation Group completes KaFe Rocks acquisition

Gaming Innovation Group (GiG) has completed the acquisition of online casino affiliate KaFe Rocks for €35 million.

The acquisition was agreed in November and further diversifies the company’s GiG Media division, particularly in the North American market through the Time2play.com and USCasinos.com brands.

Building on the success of the AskGamblers acquisition, GiG [...]

2 mins read
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