Stockholm-listed iGaming affiliate Raketech has reported a 23 per cent increase in full year revenue to €29.4m in 2020, buoyed by a strong finish to the year.
Revenue in the final quarter climbed by 45 per cent year-on-year to €8.5m, as new depositing customers increased by 66 per cent to 46,389.
Casino [...]
Paysafe has expanded its partnership with the Virginia Lottery to include its Income Access affiliate marketing programme.
The Virginia Lottery already uses Paysafe’s payment processing services and will now utilize the Income Access solution to promote its upcoming iLottery affiliate program.
“By expanding our partnership with a brand that has the history [...]
Stockholm-listed iGaming affiliate Catena Media has announced the immediate departure of chief executive Per Hellberg, with chairman Göran Blomberg assuming the role on an interim basis.
Blomberg has served on Catena Media’s board of directors since 2019 and was appointed chairman in 2020.
Hellberg had served as chief executive since June 2018 [...]
Today we reveal the fourth category of The Gaming Intelligence Hot 50 2021 - Marketing
Our festive celebration of the most talented, innovative and inspiring people working in iGaming will see a new category revealed each day.
The Gaming Intelligence Hot 50 marketing gurus are:
Peter Bennett, head of brand marketing, PlayOJOVictoria Bonner, [...]
Shares in iGaming affiliate XLMedia soared by more than 10 per cent in London Thursday morning after the company announced the acquisition of US sports betting affiliate CBWG Sports for $25m.
CBWG was formed early this year through the combination of CB Sports and Warwick Gaming, and is registered as a [...]
Stockholm-listed iGaming affiliate Acroud has strengthened its financial position through a directed share issue, raising SEK75m (€7.4m) to fund future acquisitions.
The directed share issue of 35,294,118 shares was completed at a price of SEK2.55 per share, amounting to SEK90m in allocated demand.
Acroud recently completed the acquisition of a fast-growing sports [...]
Shares in Catena Media slumped by more than 13 per cent in Stockholm Thursday after the lead generation specialist posted a 6 per cent fall in third quarter revenue to €24.9m.
Revenue from the company's core casino business declined by 2 per cent to €16.0m as new depositing customers (NDCs) fell [...]
Stockholm-listed iGaming affiliate Raketech has reported a 24 per cent increase in revenue to €7.4m for the third quarter of 2020, as new depositing customers (NDCs) nearly doubled compared to a year ago.
With organic growth of just 3 per cent, Raketech's revenue growth in Q3 was driven by the newly [...]
Stockholm-listed iGaming affiliate Better Collective grew third quarter revenue by 7 per cent to €18.3m.
The period saw high levels of sports betting activity as major sports returned from their suspension earlier in the year due to COVID-19, although lower sports win margin reduced revenue by approximately €2m.
New depositing customers (NDCs) [...]
Stockholm-listed iGaming affiliate Raketech has entered the United States with the acquisition of sports betting affiliate Americangambler.com for €5m.
The agreed purchase price represents a multiple of approximately 3.9x EBITDA and 3.5x revenue, based on current run rate, with the acquisition expected to contribute between 5 and 10 per cent of [...]
Stockholm-listed iGaming affiliate Acroud (formerly New Gaming Europe) has reported a 31 per cent fall in revenue to €2.4m for the third quarter of 2020.
Acroud described the period as a challenging quarter as the previous sharp increase in poker and casino traffic in the first half of the year fell [...]
Stockholm-listed iGaming affiliate Acroud (formerly Net Gaming Europe) has entered into an agreement to acquire an undisclosed sports betting affiliate for €1.2m, while also confirming receipt of three new licences in the United States.
Acroud has signed a Letter of Intent (LOI) to acquire what it describes as a fast-growing lead [...]