Catena Media Adds Germany-Facing iGaming Affiliate Network to Growing Portfolio Play pokies online wheres the gold

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

Online gambling-focused performance advertising company Catena Media today announced still another acquisition deal that saw it purchase all iGaming affiliate assets of Delilah Holdings.

The deal is anticipated to be finished by the finish wheres the gold slots app of this thirty days. Beneath the regards to the deal, Catena Media is scheduled to pay a €4.2 Million payment that is upfront the assets’ transfer. Delilah Holdings’ current owners may also be eligible wheres the gold pokie app for an earn-out that is maximum of million, predicated on its assets’ revenue performance next year.

Delilah Holdings had been established back in 2011. It has the and affiliate websites. Both wheres the gold jackpot sites target and promote online gambling options to players that are german-speaking with Germany and Switzerland being their primary markets of great interest. The business has seen stable and growth that is considerable both jurisdictions over the past many years.

Catena Media said in a pr release from earlier in the day today it expects quarterly product sales of around €300,000 and an margin that is operating of 80% through the two affiliate sites.

Commenting on the deal, Catena wheres the gold app Media CEO Robert Andersson stated it will secure their company with greater publicity in German-speaking iGaming markets and it is part of their strategy to strengthen their profile across European countries.

In the last two years, the to generate leads business has extended its impact in several jurisdictions online casino wheres the gold, including the United States, through multiple acquisitions of iGaming affiliate sites and companies.

Releasing its financial report for the quarter finished March 31, 2017, Catena Media announced it had 80,421 new depositing customers for the reported wheres the gold pokies app duration, up 149percent through the prior-year quarter and 20% through the prior quarter. The company reported revenue of €15.23 million for the reviewed 3 months, showing play wheres the gold free a growth of 104per cent from €7.5 million for similar period of the previous 12 months. Running profit totaled €6.6 million, up 44% year-on-year. EBITDA amounted to €7.2 million, with EBITDA margin standing at 47%.

Catena Media stated that it was particularly quite happy with its first-quarter outcomes and hailed AskGamblers being an exemplary example of assets doing absolutely since their acquisition. The lead generation made gambling headlines spring that is last the purchase for the Serbian affiliate wheres the gold free slots site for the amount of €15 million. The offer became the one that is largest within the wheres the gold cheats company’s history and contains maybe not been matched ever since.

An crucial highlight in Catena Media’s development and expansion strategy had been the acquisition of UK-facing affiliate website CasinoUK. The organization announced a €10.6 million for the web site under consideration. The deal had been regarded as another move free casino slots wheres the gold that is important relation to Catena Media’s plans to extend and solidify its British impact.

The to generate leads company has converted into one of the major drivers associated with consolidation trend within the iGaming affiliate area.