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Strong Q4 for Better Collective despite organic revenue decline

19th February 2019 10:44 am GMT

Stockholm-listed iGaming affiliate Better Collective has reported a 30 per cent increase in revenue to €12.1m for the final quarter of 2018, driven by its recent acquisitions.

Organic revenue was down 9 per cent compared to the company’s record Q4 performance last year, with commissions decreasing 40 per cent due to adverse sports results.

Revenue was also impacted by strong growth in net depositing customers (NDCs), with sign-up bonuses on new NDCs offset against revenue share on [...]

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