The organization of the biggest gambling event is counting down to the 2023 edition of the Brazilian iGaming Summit (BiS). There are less than 100 days left for the reunion of betting companies, lotteries and affiliates, personalities, regulators and members of the Federal Government.
After two editions of BiS and the grandiose debut of Afiliados Latam last year, Grupo Jericho Events innovated once again. The group presented a novelty of impact for the world market, BetExpo, an event focused on bettors and sports traders that will take place in parallel to the official schedule.
São Paulo, the largest city in Latin America, will once again host the largest sports betting, online casino and lottery event in the region. The only difference will be in the official headquarters that was changed to the Transamerica Expo Center.
The president of Jericho Events, Alessandro Valente, mentions that this measure was necessary to accompany the growth of the event and adequately accommodate partners, sponsors, international guests and the public.
“The last edition had a spectacular demand and we decided to promote this year’s event in an environment approximately ten times larger, which will provide even more comfort and appropriate infrastructure to receive a much larger number of congressmen, companies and government members. This was a necessary measure to continue with our expansion plan”.
Merger of Brazilian iGaming Summit with SiGMA Group
Jericho Events is no longer alone in hosting the region’s largest gambling event. Earlier this year, the SiGMA Group announced the acquisition of the group, which organizes the Brazilian iGaming Summit (BiS) and Afiliados Latam events.
The SiGMA Group has a diverse portfolio of iGaming and cutting-edge technology events. This acquisition will help consolidate its existing portfolio and establish a strong presence in this giant emerging market.
According to the agreed terms, Jericho Events will continue with its current organizational structure, with Alessandro Valente remaining as chairman of the company’s board, working alongside his team, in São Paulo.
The deal will see Jericho Events management remain at the helm of the company for an additional four years. Already operating in Brazil and with know-how in the region’s businesses, the ultimate goal is to maintain the evolution of the conference in its next editions. Thus, the next BiS SiGMA Americas has already been scheduled and will take place between June 15th and 17th.
Catena Media Updates its Financial Targets
Catena Media has updated its long-term financial targets for 2024-26 to reflect a change in revenue streams as the group transitions towards a more sustainable revenue model following the completion of the strategic review in November last year.
The group expects a resumption of organic growth in the second half of 2024 and full-year adjusted EBITDA in the range of EUR 20-30 million as the first operational impacts begin to show from an extensive programme of technology- and data-based investments.
The new targets are:
- Double-digit organic growth in both revenue and adjusted EBITDA for 2025 and 2026 at group level.
- Net interest-bearing debt to adjusted EBITDA ratio of 0-1.75.
The shift towards a more sustainable revenue model involves recruiting more players via revenue-share agreements with operators compared to cost-per-acquisition (CPA) contracts and implementing a programme of investments in tech and data innovation that is being rolled out in Q1 and Q2 2024.
These investments, planned as a result of the strategic review, will reinvent the group’s core technological focus by strengthening the organisation with new product offerings that prioritise technology, innovation and immersive user experiences. The primary initiatives include investments in artificial intelligence (AI), paid media, sub affiliation and further strategic media partners to broaden audiences and deliver greater value to partners.
Investments into AI include the establishment of a joint venture with a specialist AI partner to develop a generative AI application dedicated exclusively to content production for online betting and casino gaming affiliation. This initiative launched its first minimum viable product (MVP) in February 2024.
AI innovations and other tech-facing enhancements will enable Catena Media to scale the business, develop new revenue streams and generate synergies while also delivering a more personalised user experience as the group positions to become the data- and technology-driven leader of online affiliate marketing in its target sports betting and casino gaming markets.
Affiliate GGR Doubles in 2023: Affilka by SOFTSWISS Recap
Affilka by SOFTSWISS, a leading affiliate management software provider, registers a two-fold increase in affiliate Gross Gaming Revenue (GGR) in 2023.
In 2023, Affilka by SOFTSWISS significantly bolstered its reach, welcoming 120 new brands into its partner network, now exceeding 320 brands. Moreover, almost 100,000 new affiliate accounts were registered during the same timeframe, marking a 176% increase over the previous year. The number of new affiliate accounts registered in 2023 represents 43.5% of the total registrations since the platform’s establishment in 2018.
The rise in new affiliate accounts has led to a notable acceleration in new player registrations, exceeding 24 million over the past year. Compared to 2022, this metric has increased around 2.4 times, highlighting the impact of effective affiliate management on success within the iGaming landscape.
In 2023, the number of unique clicks on referral links with Affilka by SOFTSWISS increased notably, jumping 4.4 times compared to 2022. This growth can be credited to the expansion of the affiliate partner network and the improved brands’ capabilities using Affilka by SOFTSWISS.
In the financial review of Affilka by SOFTSWISS, notable growth is evident over the past year. Notably, the player deposit amount surged 2.4 times, the affiliate GGR nearly doubled, and affiliate payments increased by 70%.
Anastasia Borovaya, Head of Affilka by SOFTSWISS, remarks: “Our recent performance boost can be attributed to our robust referral infrastructure, ensuring smooth traffic flow that converts into higher player deposit amounts. We’re seeing an uptick in partner payments because we refined the commission constructor, allowing for more flexibility and customised management of partner rewards.
We invest consistently in innovation and improving user experience in affiliate marketing, recognising its crucial role in iGaming. Our mission is to provide clients with a comprehensive affiliate marketing software solution vital for their operations. We prioritise exceptional service to attract new clients and ensure their continued loyalty.”
In the last quarter of the previous year, the world’s leading agency, Kantar, conducted a customer satisfaction survey for Affilka by SOFTSWISS. The average score obtained was 8.1 out of 10, with 91% of respondents expressing satisfaction with the product. Additionally, the satisfaction score for account managers was also high at 9.1 out of 10, with 97% of clients expressing contentment with the quality of work provided by Affilka’s account managers.
SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland, and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.
Alpha Affiliates at iGB Affiliate London 2024
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Alpha Affiliates, the leading direct advertiser for the iGaming industry, is excited to announce its participation in the highly anticipated iGaming event of the year, iGB Affiliate London 2024, taking place 6-9 February, at ExCeL London.
Alpha Affiliates’ participation comes following a breakthrough year for the direct advertiser with 15,000 partners across more than 50 countries, and over 2,000,000 players worldwide. The company, which witnessed a 20% upsurge in new partners in 2023, now looks to strengthen its international network, connecting with top affiliates at the heart of the iGaming world.
Attendees can meet the Alpha Affiliates team and learn more about the company’s vision and values, discuss new partnerships and take advantage of exciting, new networking opportunities.
The team will also be offering affiliates exclusive offers to AA’s top brands: Casino Infinity, 1Red, Neospin, and Spinch.
Custom merchandise will also be available, including hoodies run in collaboration between iGB + Alpha Affiliates. Several of these hoodies will be raffled across Alpha Affiliates’ social media right before the event starts. Follow the Alpha Affiliates channels to learn more about the giveaway.
Alpha Affiliates’ team will be one of the main sponsors of the special branded zones – Prince Regent entrance arch & Exclusive East entrance cube assets at the ExCeL.
To take advantage of the opportunity to connect with Alpha Affiliates, schedule a business meeting with a member of the team by clicking this link https://alpha-affiliates.youcanbook.me/
- Event Name: iGB London 2024
- Date: 6 – 9 February
- Venue: ExCeL London
- Website: https://london.igbaffiliate.com/
About Alpha Affiliates:
Alpha Affiliates is an industry-leading direct advertiser with a decade of experience in iGaming. Operating as a partner program in gambling and betting verticals, the company boasts a portfolio of 13 diverse and unique brands, all of which hold licenses from the Malta and Curacao gaming authorities.
Since its launch in 2012, Alpha Affiliates has scaled at pace and is now recognized as one of the leading brands within the global iGaming community. It continues expanding into new markets and regularly participates in the industry’s leading affiliate events.
With over 12,000 partners in 38 countries, Alpha Affiliates is on a mission to become a global force in iGaming and direct advertising.
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