Affiliates News

Better Collective grows profit despite fall in Q2 revenue

Stockholm-listed sports betting affiliate Better Collective has reported a 4 per cent drop in revenue to €15.3m for the second quarter of 2020, as results were impacted by the suspension of major sports from mid-March.

The company described the quarter as a challenging period, with April the low point and May [...]

1 min read

Raketech posts Q2 revenue growth despite Nordic decline

Stockholm-listed iGaming affiliate Raketech has recorded a 24 per cent increase in revenue to €7.0m for the second quarter of 2020, despite seeing a decline in its core Nordic markets.

The company said that the Q2 revenue growth was primarily driven by Casumba and the newly acquired Lead Republik.

Casino represented 89 [...]

1 min read

Gambling.com enjoys record second quarter performance

iGaming affiliate Gambling.com Group has reported a 29 per cent increase in revenue to a record €5.7m for the second quarter of 2020.

Revenue growth in the second quarter was driven by casino and poker products, which offset a decline in sports betting revenue due to COVID-19.

Revenue from sports betting marketing [...]

1 min read
Catena Media

Catena Media profit slides despite record second quarter revenue

Stockholm-listed iGaming affiliate Catena Media has reported a 17 per cent increase in revenue to a record €27.8m for the second quarter of 2020.

Casino represented 65 per cent of Q2 revenue and grew by 59 per cent to €21.2m, buoyed by all-time highs for AskGamblers, the US and Catena Media’s [...]

1 min read

Acroud sees poker and casino drive second quarter revenue growth

Stockholm-listed iGaming affiliate Acroud (formerly Net Gaming Europe) has recorded a 2 per cent increase in revenue to €3.6m for the second quarter of 2020, a period which has seen the company undergo significant restructuring, refinancing and a change of name.

The company said that revenue was positively affected by increased [...]

1 min read
Gaming Innovation Group

GiG secures affiliate license for WSN.com in Colorado

Oslo-listed Gaming Innovation Group (GiG) has been granted approval to provide its affiliate services to sports betting operators licensed in Colorado.

Colorado becomes the seventh state in which GiG’s Media division is active through its US-facing WSN.com sports betting site, following previous approvals in New Jersey, Indiana and Pennsylvania, among others.

“We [...]

1 min read

Net Gaming Europe set for Q2 loss as reorganisation continues

Stockholm-listed iGaming affiliate Net Gaming Europe expects to post a net loss of €1.2m for the second quarter of 2020, with results negatively impacted by non-recurring costs and exchange rate fluctuations.

The company said that its operations had performed well during Q2 in the midst of an “intensive transformation” phase which [...]

1 min read

EveryMatrix to provide affiliate management solution to DAOGroup

EveryMatrix has signed an agreement to provide its PartnerMatrix affiliate and agent management system to Tallinn-based blockchain solutions provider DAOGroup.

The partnership will allow DAOGroup to provide affiliate and agent management solutions to all of its clients.

“This is another step PartnerMatrix takes towards our goal of reaching wider markets, and our [...]

2 mins read

Raketech names Oscar Karlsten as chief operating officer

Stockholm-listed iGaming affiliate Raketech has appointed Oscar Karlsten as its new chief operating officer.

Karlsten joins Raketech from rival Catena Media, where he served as chief information officer and chief product officer for over four years. He has also held senior positions at digital toy studio Toca Boca, digital agency Avantime [...]

2 mins read

Raketech to accelerate geographical expansion after solid Q1 performance

Stockholm-listed iGaming affiliate Raketech has reported a 1 per cent increase in revenue to €6.5m for the first quarter of 2020.

The company enjoyed a strong performance from casino-related comparison products in Norway and Sweden, which was offset by lower revenue from sports-focused products, including the company’s Danish communities, Finnish sports [...]

1 min read

Raketech acquires iGaming affiliate Lead Republik

Stockholm-listed Raketech has acquired all of the assets of Malta-based iGaming affiliate Lead Republik for €1.4m.

The purchase price represents a multiple of approximately 3x EBITDA and includes the possibility of additional earnout payments based on certain performance measures.

Part of the earnout is capped up to a maximum of €0.3m until 28 February 2021, [...]

1 min read
Catena Media

Catena Media names new finance chief

Stockholm-listed online lead generation specialist Catena Media has appointed Peter Messner as group chief financial officer (CFO).

Messner will take up his new role on 1 April, replacing Erik Edeen who has held the role on an interim basis since January of last year.

Messner brings over 20 years’ experience in leading [...]

2 mins read
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