Catena Media Adds Free online slots wheres the gold Germany-Facing iGaming Internet Network to Growing Portfolio

Catena Media Adds Germany-Facing iGaming Internet Network to Growing Portfolio

Online gambling-focused performance marketing company Catena Media today announced yet another purchase deal that saw it purchase all iGaming affiliate assets wheres the gold pokies of Delilah Holdings.

The transaction is anticipated become completed by the conclusion regarding the month. Underneath the terms of the deal, Catena Media is defined to pay a €4.2 million upfront payment upon the assets’ transfer. Delilah Holdings’ present owners will vegas slots wheres the gold also be eligible for a maximum earn-out of €2.24 million, centered on its assets’ revenue performance next 12 months.

Delilah Holdings was founded back 2011. The MrGamez is owned by and affiliate websites. Both internet sites target and promote australian pokies online wheres the gold online gambling options to German-speaking players, with Germany and Switzerland being their main markets of great interest. The organization has seen stable and considerable development in both free pokies online wheres the gold jurisdictions within the last years.

Catena Media stated in a press release from previous today so it expects quarterly product sales of around €300,000 plus an margin that is operating of 80% through the two affiliate sites.

Commenting regarding the deal, Catena Media CEO Robert Andersson stated so it will secure his business with greater visibility in German-speaking iGaming markets and that it is section of their strategy to strengthen their portfolio across Europe.

The lead generation company has extended its footprint in a number of jurisdictions, including the play pokies for free wheres the gold US, through multiple purchases of iGaming affiliate websites and networks over the past two years.

Releasing its economic report for the quarter finished March 31, 2017, Catena Media announced it had 80,421 new depositing customers for the reported duration, up 149percent from the prior-year quarter and 20% from the prior free wheres the gold slots quarter. The organization reported revenue of €15.23 million for the evaluated 90 days, reflecting a growth of 104% from €7.5 million for the same amount of the year that wheres the gold free online pokies is previous. Operating profit totaled €6.6 million, up 44% year-on-year. EBITDA amounted to €7.2 million, with EBITDA margin standing at 47%.

Catena Media said that it was specially pleased with its first-quarter results and hailed AskGamblers as an example that is excellent of doing absolutely since their acquisition. The prospecting made gambling headlines last spring with the purchase of this Serbian affiliate internet site for wheres the gold coast the total amount of €15 million. The offer became the largest one within the company’s history and has now not been matched ever since.

An highlight that is important Catena Media’s development and expansion strategy ended up being wheres the gold feature the purchase of UK-facing affiliate website CasinoUK. The organization announced a €10.6 million for the website under consideration. The deal had been seen as another important move around in relation to Catena Media’s plans to extend and solidify its British impact.

The to generate leads company has turned into among the major wheres the gold online pokies motorists for the consolidation trend in the iGaming affiliate area.

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