Catena Media Adds Germany-Facing Affiliate that is iGaming Network Growing Portfolio
On the web performance that is gambling-focused company Catena Media today announced still another purchase deal that saw it purchase all iGaming affiliate assets of Delilah Holdings.
The deal is expected wheres the gold feature sound to be completed by the conclusion regarding the thirty days. Underneath the regards to the offer, Catena Media is set to pay for a €4.2 Million payment that is upfront the assets’ transfer. Delilah Holdings’ current free poker machines downloads wheres the gold owners are also eligible for a maximum earn-out of €2.24 million, predicated on its assets’ revenue performance next 12 months.
Delilah Holdings had been established back 2011. It has free wheres the gold slot machine the MrGamez.net and Spielekiste.de affiliate websites. Both sites target and promote online gambling options to players that are german-speaking with Germany and Switzerland being their primary areas of great interest. The company has seen stable and growth that is considerable both jurisdictions over the past years.
Catena Media stated in a press release from early in the day today so it expects quarterly product sales of around €300,000 wheres the gold free pokie plus an margin that is operating of 80% through the two affiliate websites.
Commenting regarding the deal, Catena Media CEO Robert Andersson said so it is part of their strategy to strengthen their portfolio across Europe that it will secure his company with greater exposure in German-speaking iGaming markets and.
The lead generation company has extended its wheres the gold slot game footprint in a number of jurisdictions, including the US, through multiple purchases of iGaming affiliate websites and networks over the past two years.
Releasing its economic report for the wheres the gold characters quarter finished March 31, 2017, Catena Media announced that it had 80,421 brand new depositing customers for the reported period, up 149percent from the prior-year quarter and 20% from the prior quarter. The company reported revenue of €15.23 million for the reviewed 90 days, reflecting a rise of 104% from €7.5 million for similar amount of the year that is previous. Operating wheres the gold free play 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 it was free online casino slots wheres the gold particularly content with its first-quarter results and hailed AskGamblers as an excellent exemplory instance of assets doing absolutely since their purchase. The to generate leads made gambling headlines spring that is last the purchase regarding the Serbian affiliate internet site for the total amount of €15 million. The offer became the largest free pokie games wheres the gold one in the company’s history and wheres the gold it has perhaps not been matched ever since.
An highlight that is important Catena Media’s development and expansion strategy was the acquisition of UK-facing affiliate website CasinoUK. The organization announced a €10.6 million for the website under consideration. The deal had been viewed as another move that is important relation to Catena Media’s plans to extend and solidify its British impact.
The prospecting company has turned into among the aristocrat wheres the gold download major motorists of the consolidation trend inside the iGaming affiliate area.