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Catena Media acquires New Jersey iGaming affiliate BonusSeeker.com

29th March 2018 5:59 am GMT

Stockholm-listed performance marketing specialist Catena Media has strengthened its presence in New Jersey's regulated iGaming market with the acquisition of licensed affiliate BonusSeeker.com.

Catena Media has agreed an initial upfront payment of US$6.5m for BonusSeeker.com and its related assets, of which $1m will be paid in newly-issued Catena shares.

The BonusSeeker site offers reviews of all authorised online casino operators in New Jersey, with its assets generating quarterly sales of approximately $450,000, with an operating margin of [...]

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