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Catena Media strengthens its sports betting and media offering through the acquisition of assets in Online Media

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Catena Media takes another step towards true global leadership and the position as the fastest growing company within lead generation through the acquisition of certain assets in Online Media (UK) Ltd.

Online Media is a UK based fast-growing sports betting affiliate with a strong position within alternative display marketing. By acquiring assets in Online Media, Catena Media adds another market channel to its customer offering and additional strength to the Paid Media segment. The acquisition includes, among other, the domain names Bets.co.uk, Bonuses.co.uk and iGamble.co.uk and certain thereto related assets.

The purchase price for the assets amounts to an upfront payment of GBP 11.65 million which shall be paid as a cash consideration no later than on May 25, 2017, in conjunction with the transfer of the assets. In addition, there is an earn-out of maximum GBP 5.77 million, which is based on the revenue performance of the acquired assets over a period of one year from the closing date, i.e. May 25, 2017. To achieve the full earn out amount, the sellers need to generate revenue growth in excess of 75% during this period.

The acquired assets have a running rate of sales of about EUR 300 000 per month and a pre-tax profit margin of more than 70%.

Approximately 80% of the revenues are generated from regulated markets and about 90% of the revenues stems from revenue share contracts. Online Media specializes in horse racing and football, and most business derives from the UK market.

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We work continuously to identify attractive acquisition prospects that complement and strengthen our portfolio. The acquired assets in Online Media will strengthen the sports betting offering and broaden the existing media offering to customers by adding alternative display marketing. The transaction will also further strengthen our position in the UK”, says Robert Andersson, CEO of Catena Media.

We are now taking the next step in our development as part of Catena Media. We believe that this is the right time for us, as together we will be able to provide an even more powerful platform for growth”, says Paul Speakman of Online Media (UK) Ltd.

The post Catena Media strengthens its sports betting and media offering through the acquisition of assets in Online Media appeared first on The Gambling Affiliate Voice.


Source: GamblingAffiliateVoice

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iGaming

Get Ready for the iGaming and TECH Summer Run-Off on Strava!

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Welcome to the iGaming and TECH Summer Run-Off on Strava! 🌞

The sun is shining, the trails are calling, and it’s time to break out those running shoes! We are excited to announce the launch of the iGaming and TECH Summer Run-Off, a dynamic and engaging challenge designed to bring together professionals from the igaming and tech industries. This event runs from June 14 to August 31, inviting participants to step away from their screens and hit the pavement.

Why You Should Join:

  • Boost Your Health: Swap screen time for running time and reap the benefits of fresh air and physical fitness.
  • Connect with Colleagues: Interact with peers in a fun and supportive environment. Share routes, running tips, and motivation!
  • Compete and Conquer: Keep an eye on the leaderboard, challenge friends, and track your progress. Who will be the top runner this summer?

Challenge Details:

  • Period: June 14 – August 31
  • Open To: Everyone in the igaming and tech sectors. All skill levels are welcome, from beginners to marathon veterans.
  • Goal: Whether it’s your first 5K or you’re training for a marathon, set personal goals and use the club to stay on track.

Prizes and Perks:

  • Recognition: Weekly shoutouts for top performers and most improved runners.
  • Swag: Exclusive gear for standout runners at the end of the summer.

Getting Started Is Easy:

  1. Join the Club: Search for “iGaming and Tech Summer Run-Off” in Strava Clubs or click here and hit ‘Join’.
  2. Log Your Runs: Use Strava to track your runs. Each run will automatically update the leaderboard in our club.
  3. Engage: Post your routes, share photos from your runs, and engage with other members in the discussion section.

Let’s make this summer unforgettable! Lace up your running shoes, set your goals, and let’s run this season into the ground. Ready to sprint into action?

For more information and to join the challenge, visit our Strava club here.

The up-to-date leatherboard can be found here: https://hipther.com/2024summer-run-off/

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Don’t forget to share your runs on social media! Tag @HIPTHER to showcase your achievements and connect with fellow participants. This challenge isn’t just about physical fitness—it’s about boosting our mental well-being too.

Let’s support each other and make strides towards better health, both mentally and physically! #iGamingTechRunOff #HIPTHER

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iGaming

Supremeland Welcomes iGaming Veteran Staffan Lindgren to Board Of Directors

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Supremeland Gaming, Inc., the emerging brand in American iGaming, is pleased to announce Staffan Lindgren’s appointment to its Board of Directors.

Lindgren brings over 20 years of experience and a wealth of expertise in iGaming, notably as co-founder of NYX Interactive (later NYX Gaming Group), a major player in the iGaming industry. He has also held numerous previous board positions in both public and private companies in the iGaming sector and is poised to have a material impact on Supremeland’s strategic vision and growth plans.

“We are thrilled to welcome Staffan to our Board,” said Johan Apel, Executive Chairman at Supremeland Gaming. “He will undoubtedly strengthen our board and provide invaluable insights as we continue to innovate and expand in the rapidly evolving US iGaming market.”

Lindgren joins Supremeland at an exciting time. The company continues to experience rapid growth with the announcement of four US license approvals and the release of multiple iGaming titles in New Jersey and Michigan. The team also took home the “Slot Debut” award at the 2024 CasinoBeats Game Developer Awards. The winning title, Munition Mine™, is the debut title from Powderkeg Studios, a Supremeland Gaming Studio.

Lindgren expressed his enthusiasm for his new role, stating, “I am honored to join the esteemed board of Supremeland Gaming and look forward to collaborating with the talented and innovative team to drive the company’s success to new heights. I am eager to help Supremeland navigate and capitalize on the fantastic opportunity that lies ahead in the US iGaming market.”

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a cutting-edge electronic money institution

Genome and Chilli Partners join forces to revolutionize iGaming affiliate payouts

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Leading the charge in the convergence of financial technology and iGaming, Genome, a cutting-edge electronic money institution, is thrilled to announce its strategic partnership with Chilli Partners, a prominent iGaming affiliate program specializing in casino games.

The collaboration marks a pivotal moment in the iGaming industry, bringing together Genome’s expertise in online financial services and Chilli Partners’ prowess in affiliate marketing. The partnership is set to redefine the landscape of affiliate payouts, offering an array of benefits to both affiliates and the iGaming community at large.

“We are excited to embark on this journey with Chilli Partners. By combining our financial expertise with their influential position in the iGaming affiliate space, we aim to set new standards for efficiency and innovation in affiliate payouts,” – noted Genome’s CEO Daumantas Barauskas.

For one, the partnership offers efficient payouts. Affiliates can now enjoy expedited and secure payouts through Genome’s state-of-the-art financial infrastructure, enhancing their overall experience and satisfaction.

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It also provides global reach for Chilli Partners, as it can extend its reach to affiliates worldwide with Genome’s international payment capabilities. This allows Chilli Partners to foster a more diverse and expansive network.

The partnership streamlines financial workflows, ensuring seamless transactions and reducing administrative overhead for Chilli Partners, allowing them to focus on delivering top-notch affiliate services.

Genome is all about innovation in payments and online financial services. This approach brings new possibilities for payment options, providing flexibility and convenience for affiliates participating in the Chilli Partners program.

Lastly, the collaboration prioritizes compliance and risk management, assuring affiliates of secure and compliant transactions in accordance with industry regulations.

“This partnership aligns perfectly with our commitment to providing the best possible experience for our affiliates. Genome’s advanced financial services will play a crucial role in elevating our affiliate program to new heights”, – added Clayton Zammit Cesare, Head of Affiliates at Chilli Partners.

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As the iGaming industry continues to evolve, Genome and Chilli Partners stand united in their dedication to driving positive change, innovation, and reliability. The partnership is poised to create a ripple effect, positively impacting the entire iGaming ecosystem.

About Genome

Genome is a leading EMI that provides innovative financial services, including batch payouts, SWIFT, and SEPA transfers. With a focus on efficiency and compliance, Genome empowers businesses across various industries, including iGaming, to streamline financial operations and enhance user experiences.

For more information, please visit https://genome.eu/

About Chilli Partners

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Chilli Partners is a prominent iGaming affiliate program specializing in casino games. With a commitment to excellence, Chilli Partners connects affiliates with top-tier iGaming brands, offering a lucrative partnership that includes competitive commission structures and tailored support.

For more information, please visit https://chillipartners.com/

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